Naoki believes that food prices should be standardized and a restaurant should not charge more simply because it is a popular brand. He feels that $10 to $20 is a suitable price for a meal at a restaurant and all restaurants should follow the same pricing strategy. This is what is best known as his .A) pricing strategy.
B) expectation pricing.
C) known price range.
D) zone of acceptance.
E) appropriate acceptability range.

D) Zone of acceptance

Explanation:

Zone of acceptance refers to the range of acceptable prices to a buyer to make a purchase decision.

The term conveys the upper and lower limits of the prices between which a buyer would consider the price as justified and willing to make a purchase.

In the given case, Naoki believes the range between $10 and $20 is would constitute the right range of prices for a meal at any restaurant. This means, it is acceptable to Naoki if any of the restaurants charge price in the mentioned range.

The range between $10 and $ 20 represents Naoki's zone of acceptance i.e he will be willing to purchase within the range.

1. c

2. b

3. a

4. c

5. a

6. b

7. c

8. c

9.b

10. d

just took it 100%

answer; ///hong kong;