Odd-Even Pricing Is Considered to Be a ________ Approach to Pricing

question 167

Multiple Choice

Odd-even pricing is considered to be a ________ approach to pricing.

• A) cost-oriented
• B) profit-oriented
• C) demand-oriented
• D) competition-oriented
• E) service-oriented

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Definitions:

Professional

Pertaining to a person engaged or qualified in a profession that requires a certain level of education, skill, or training.

Inferiority Complex

An inferiority complex is a psychological condition where a person feels a deep sense of inadequacy and insecurity, often stemming from real or imagined inferiority to others.

Oedipal Complex

A concept in psychoanalytic theory describing a child's feelings of desire for the opposite-sex parent and jealousy and rivalry with the same-sex parent.

Denial

A defense mechanism in which an individual refuses to accept reality or facts, blocking external events from awareness.