Dineo and Rose Are Identical Twins Who Were Separated at Birth

question 48

Multiple Choice

Dineo and Rose are identical twins who were separated at birth. Dineo was raised in South Africa, whereas Rose spent her childhood in Austria. Which force would likely explain most of the differences between their behaviours as teens?

• A)psychological
• B)nature-based
• C)biological
• D)sociocultural

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Definitions:

Psychological Pricing

A marketing strategy that uses pricing to influence a consumer's perception and drive sales, often by pricing just under a round number (e.g., $19.99 instead of $20).

Pricing Strategies

Techniques used by businesses to determine the best price for their products or services, taking into account costs, competition, and customer demand.

Depreciation

The reduction in value of an asset over time, particularly due to wear and tear, typically accounted for in financial statements over the asset's useful life.

Physical Assets

Tangible resources owned by an individual or business, such as buildings, machinery, land, and equipment, which have intrinsic value and can be used to generate economic benefit.