Odd-Even Pricing Is Also Called

question 12

Multiple Choice

Odd-even pricing is also called:

• A) psychological pricing
• B) 1-2 pricing
• C) bait pricing
• D) price bundling
• E) two-part pricing

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Definitions:

Expense Accounts

Budget allocations specifically set aside for covering business-related expenses, such as travel, supplies, and entertainment.

Absenteeism

The regular absence from work or duties without good reason.

Coffee Breaks

are short breaks during work hours allowing employees to rest and refresh, often with coffee or tea.

Reinforcement Theory

A psychological theory suggesting that behavior can be shaped by controlling the consequences of that behavior, emphasizing the use of reinforcement, punishment, or extinction to influence workplace behavior.