Prices Such As: $19

question 80

Multiple Choice

Prices such as: $19.99, $29.99, and $39.99 are examples of:

• A)incremental pricing
• B)odd-even pricing
• C)target pricing
• D)range-based pricing

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Definitions:

Obligation

A duty or commitment to act in a certain way, often legally or morally binding.

Teamsters Union

A labor union in the United States historically known for representing blue-collar workers in various sectors, notably truck drivers.

Strategic

Pertaining to the identification of long-term or overall aims and interests and the means of achieving them, often used in the context of business planning and military operations.

National Labor Relations Act

Enacted in 1935, this foundational US labor law protects the rights of workers to organize into trade unions, engage in collective bargaining, and take collective action such as strikes.