If a Company Sells One of Its Products for $9

question 5

Multiple Choice

If a company sells one of its products for $9.99 rather than $10,it is using:

• A)price skimming.
• B)penetration pricing.
• C)odd pricing.
• D)rational pricing.
• E)discount pricing.

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Definitions:

Fixed Mindset

Viewing one’s characteristics as enduring and unchangeable.

Learned Helplessness Orientation

A psychological condition where an individual believes they have no control over the outcome of situations, often resulting from repeated failures.

Mastery Orientation

An approach to tasks and challenges with a focus on learning, growth, and development of competency.

Adaptive Behavior

Adjustments or changes in behavior that enable a person to meet environmental demands or to cope with changes in the environment.