Question Number 1) A key element of Smashburger’s pricing strategy is determining price steps between its quarter- pound, one-third pound, and half-pound hamburgers. The practice of setting prices for different products offered by a company within a single category is known as .

A. Product pricing Line

Explanation:

Product pricing line is the grouping of a particular good and/or services into categories aimed at creating various quality levels in the mind of consumers. It involves setting prices for multiple products that a company offers in relation with another one. They prices of the product set are on product who are clearly related because they function in a similar manner and are sold to the same market target through the same marketing channel or outlets. In this case, the product line is hamburgers and the products are different sizes of hamburgers which are given their own specific prices each.

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.