Odd-Even Pricing Is Considered to Be a ________ Approach to Pricing

question 167

Multiple Choice

Odd-even pricing is considered to be a ________ approach to pricing.

• A) cost-oriented
• B) profit-oriented
• C) demand-oriented
• D) competition-oriented
• E) service-oriented

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Definitions:

Lender

An individual or institution that provides funds to another with the expectation that the funds will be repaid, typically with interest.

Mechanic's Lien

A security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property.

Sale Proceeds

The total amount received from the sale of an asset or property.

Federal Law

Legislation enacted by the national government of a country.