Reductions in the Price of an Item That Are Taken

question 71

Multiple Choice

Reductions in the price of an item that are taken in order to stimulate sales are termed:

• A) maintained price cuts.
• B) promotional price cuts.
• C) shortages.
• D) markdowns.
• E) initial price cuts.

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Definitions:

Exposure And Response Prevention

Type of therapy in which individuals with anxiety symptoms are exposed repeatedly to the focus of their anxiety but prevented from avoiding it or engaging in compulsive responses to the anxiety.

Compulsive Behavior

Actions performed persistently and repetitively without necessarily leading to an actual reward or pleasure, often associated with psychological disorders such as OCD.

Extinguishes Anxiety

A process or method that effectively reduces or eliminates feelings of anxiety.

Obsession

Persistent, intrusive, and unwanted thoughts or urges that cause distress or anxiety, often seen in obsessive-compulsive disorder.