An Example of Odd Pricing Would Be

question 136

Multiple Choice

An example of odd pricing would be:

• A) a buy-two-get-one-free promotion.
• B) selling a radar detector for $129.99 instead of $130.
• C) subtracting trade-ins from the list price.
• D) rebates that lower total price.

---

Definitions:

Price Controls

Government-imposed limitations on the prices that can be charged for goods and services in a market, typically to curb inflation or ensure basic goods' affordability.

Opportunity Cost

The expense incurred by not choosing the next most favorable option when a decision is made or one possibility is selected over another.

Transaction Costs

The time, effort, and other resources needed to search out, negotiate, and complete an exchange.

Price Ceiling

A legally established maximum price for goods or services, intended to protect consumers from excessively high prices.