Final answer:
Uniform pricing is a business strategy where one rate is charged regardless of the buyer's location.
Step-by-step explanation:
In business, the pricing strategy that charges one rate no matter where the buyer is located is called uniform pricing. With uniform pricing, the seller sets a single price for a product or service regardless of the buyer's location.
This strategy is commonly used in industries where there is a high degree of competition and price transparency.
For example, online retailers often use uniform pricing because customers can easily compare prices from different sellers. By setting one price, the seller ensures that they are competitive and not at a disadvantage compared to other sellers.
Uniform pricing helps create a level playing field for buyers and encourages fair competition among sellers.