Pricing Is

question 120

Multiple Choice

Pricing is

• A) one of the 4 Ps of the marketing mix.
• B) considered to be a part of promotion.
• C) normally a government-regulated variable.
• D) totally based on the cost of products.

---

Definitions:

Obedience

The act of following orders or directions from an authority figure without question.

Learner

An individual engaged in acquiring knowledge, skills, attitudes, or competencies from study, instruction, or experience.

Milgram's Obedience Study

A 1960s experiment by Stanley Milgram demonstrating that people are likely to follow orders given by an authority figure, even to the point of causing pain to another person.

Subjects

Individuals or groups participating in research studies, or the various branches of knowledge studied in an educational context.