Which product mix pricing strategy involves setting different price levels to indicate varying quality among a company's related products?

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Pricing for optional add-on productsPricing for products that require complementary itemsPricing based on secondary or leftover productsPricing that establishes distinct price tiers within a product range

Explanation

Product line pricing is the strategy where a company sets different price points to reflect varying quality or features within a related group of products. This approach helps customers distinguish between product levels and make informed purchasing decisions.