Which pricing strategy involves determining price gaps among different products in a product line by considering cost variations, customer perceptions of features, and competitor pricing?

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Pricing for optional product featuresPricing for products that require complementary itemsPricing products within a line based on cost and customer value differencesPricing products by selling secondary or leftover itemsNone of the above

Explanation

Product line pricing is the approach where prices are set for various products in a line by analyzing differences in costs, customer evaluations of features, and competitor prices. It helps establish logical price steps between related products.