Kennedy Does Very Well in School, Rarely Missing Any Days

question 26

Multiple Choice

Kennedy does very well in school, rarely missing any days or being late, and she often helps out other adolescents in her classes as a peer tutor. What is it likely she has accepted?

• A) cultural capital
• B) the hidden curriculum
• C) class consciousness
• D) a self-fulfilling prophecy

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Definitions:

Penetration Pricing

A pricing strategy where a product is introduced to the market at a low price to attract customers away from competitors, with the aim of quickly gaining market share.

Skimming Pricing

A pricing strategy where a high price is set for a new product to skim maximum revenues layer by layer from the segments willing to pay the high price.

Penetration Pricing

A market strategy where a product is introduced with a low price to attract customers and gain market share before eventually increasing the price.

Demand-oriented

Pricing strategy or manufacturing approach that is guided by the level of demand from consumers or market conditions.