vnfrancis1191 vnfrancis1191
  • 23-03-2019
  • Business
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Establishing prices for razor blades that must be used with a razor blade system is known as​ ________ pricing.

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MrsTriplet MrsTriplet
  • 01-04-2019

Establishing prices for razor blades that must be used with a razor blade system is known as​ captive product pricing. Captive products are used in most cases to maximize revenue. When a company makes a razor blade that only works with one razor, they are making a product that is exclusive and giving it captive product pricing because it will be priced to maximize revenue on not only the blade but the razors, themselves, as well.

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