When a Firm Charges $4

question 202

Multiple Choice

When a firm charges $4.95 instead of $5.00, what do economists call this pricing strategy?

• A)cost-plus pricing
• B)indirect pricing
• C)odd pricing
• D)unusual pricing

---

Definitions:

Field Instructor

A professional responsible for supervising and mentoring students in practical, real-world training environments, often in social services or education.

Developmental Stages

The distinct phases of growth or development that an individual or entity undergoes, typically following a sequential order.

Transfer Of Responsibilities

The process of shifting duties and obligations from one individual or group to another.

Koru

A spiral shape based on the appearance of a new unfurling silver fern frond and symbolizing new life, growth, strength, and peace.