Which of the Following Technological Trends Has Played a Significant

question 18

Multiple Choice

Which of the following technological trends has played a significant role in the global economy?

• A) emphasis on saving the environment
• B) increased health consciousness
• C) emergence of the Internet
• D) employment power shift

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Definitions:

Reference Pricing

A type of psychological pricing in which a lower-priced item is compared to a more expensive brand in hopes that the consumer will use the higher price as a comparison price.