Steve Is a Real Estate Agent

question 48

Multiple Choice

Steve is a real estate agent. He feels anxious every time he thinks about meeting a new client. Steve is most likely suffering from _____.

• A)state anxiety
• B)trait anxiety
• C)test anxiety
• D)social anxiety

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Definitions:

Skimming Pricing

A pricing strategy where a firm sets relatively high prices at the launch of a new product or service to maximize profits from customers willing to pay more.

Fixed-price Policy

A pricing strategy where the price of a product or service is set and not subject to change based on market fluctuations.

Customary Pricing

Pricing strategy that is based on what is traditionally expected or accepted within a specific industry or by consumers.

Dynamic Pricing Policy

A pricing strategy where prices are variable and can change in response to market demand or other external factors.