The Text Describes Two Different Types of Mindsets

question 41

Multiple Choice

The text describes two different types of mindsets.They are ______.

• A)growth mindset and stunted mindset
• B)fixed mindset and flexible mindset
• C)growth mindset and fixed mindset
• D)positive mindset and negative mindset

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Definitions:

Customary Pricing

Setting a price that is dictated by tradition, a standardized channel of distribution, or other competitive factors.

Prestige Pricing

A pricing strategy where goods are priced higher to evoke a sense of luxury or quality, making them desirable due to their cost.

Cost-Oriented Pricing

A pricing strategy where the price of a product or service is determined based on the cost of production plus a markup.

Below-Market Pricing

A pricing strategy where goods or services are offered at prices lower than the typical market value.