A Work Package Must Always Represent Less Than 80 Hours

question 13

True/False

 A work package must always represent less than 80 hours of work.

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Definitions:

Reference Pricing

A type of psychological pricing in which a lower-priced item is compared to a more expensive brand in hopes that the consumer will use the higher price as a comparison price.

Price Skimming

A pricing strategy involving setting an initially high price before gradually lowering it over time as the product's novelty wears off.