Chris Is Planning Three Sales During the Third Quarter of the Year

question 33

Multiple Choice

Chris is planning three sales during the third quarter of the year at Toys "R" Us. The first is at the beginning of the school year, the second is the week before Halloween, and the third is Black Friday. These sales would be considered to be

• A) psychological pricing.
• B) calendar discounting.
• C) sales promotion pricing.
• D) special-event pricing.
• E) captive pricing.

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Definitions:

Nash Equilibrium

A concept in game theory where each player, knowing the strategies of the other players, has no incentive to change their own strategy.

AMD

Advanced Micro Devices, Inc., an American multinational semiconductor company known for its CPUs and GPUs for computers.

Intel

An American multinational corporation and technology company known for its semiconductor chips.

Time-Discounted Profits

The present value of future profits, accounting for the time value of money and diminishing returns over time.