Examlex
Find the LCD for each of the following; then perform the indicated operation and reduce the answer to lowest terms.
Odd-even Pricing
A pricing strategy involving setting prices so they end in an odd or even number to influence perception of value.
Price Lining
A pricing strategy where products or services are grouped into different price ranges based on features or quality levels.
Odd-even Pricing
A pricing strategy that involves setting prices that end in odd or even numbers, believed to impact consumer perception and behavior.
Price Lining
A pricing strategy where products are sold at a limited number of price points, each representing a distinct level of quality or feature set.
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