Odd Pricing Refers to Which of the Following Practices

question 168

Multiple Choice

Odd pricing refers to which of the following practices?

• A)setting prices based on a statistical analysis of consumer behaviour
• B)varying prices at odd intervals rather than maintaining stable and predictable pricing
• C)charging prices that fall slightly below even dollars and cents, such as charging $5.99 instead of $6.00
• D)charging prices that differ significantly from competitors' prices in order to create an image of prestige and quality

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Definitions:

Functional Design

A design approach focused on creating products, systems, or structures that prioritize practical utility and performance over aesthetics.

Moderate to High Levels

A range of intensity or degree, indicating more than the average but not reaching the maximum.

Proportional Fonts

Typefaces in which the characters occupy space proportionally to their width, as opposed to monospaced fonts where each character occupies the same width.

Courier

A person or company that delivers messages, packages, or mail.