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Figure 11-2
-Figure 11-2 above represents the four approaches to selecting an appropriate price level."D" includes customary and loss leader so it represents which approach?
Behaviourism
A theory in psychology which states that all behaviors are learned through interaction with the environment, emphasizing the importance of observable actions over internal mental states.
Behaviourist
A psychologist who studies and applies theories based on the belief that all behaviors are acquired through conditioning.
Psychoanalytic
Pertaining to a theory of psychology and method of psychotherapy, originally developed by Sigmund Freud, that emphasizes the role of unconscious factors in determining behavior.
Humanist
Humanism is a philosophical stance emphasizing the value and agency of human beings, individually and collectively, often focusing on the pursuit of personal development and human well-being.
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