Important Considerations for Survey Items Some Students Always Guess the Answers

question 11

Multiple Choice

Important Considerations for Survey Items Some students always guess the answers to exam questions they are unsure
Of while others leave such questions blank.These students differ in

• A)concern about social desirability.
• B)position preference.
• C)response set.
• D)willingness to answer.

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Definitions:

Dynamic Pricing

A pricing strategy where prices are adjusted in real time based on market demand, supply conditions, and other factors.

Prices Based

Refers to a pricing strategy determined by factors such as cost of production, competition, and perceived value by the consumer, often adjusted to market conditions.

Odd Pricing

A pricing strategy where items are priced slightly below a round number (e.g., $199.99 instead of $200), believing it psychologically encourages more sales.

Yield Management

A strategy for maximizing revenue even when a firm has a fixed amount of something (goods, services, or capacity).