Prices That End in 9 Are Most Appropriate When ________

question 8

Multiple Choice

Prices that end in 9 are most appropriate when ________.

• A) customers have substantial knowledge about quality
• B) customers process prices right to left
• C) there is a mental price break at the lower, rounded price
• D) the marketer wants to suggest a discount or bargain
• E) the marketer wants to convey a high-price image

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Definitions:

Native Japanese Subjects

Refers to the indigenous people of Japan and their societal roles, cultures, and histories prior to extensive foreign influence.

Supply-of-loanable-funds

The availability of funds for borrowing, influenced by savings and influenced by interest rates in the financial market.

Demand-for-loanable-funds

The desire or willingness of consumers and businesses to borrow money at given interest rates, often depicted in economics as a curve.

Budget Deficit

occurs when a government's expenditures exceed its revenues during a specific period, leading to borrowing or debt accumulation.