Franco Is Enjoying a Fine Lunch in His High Chair

question 24

Multiple Choice

Franco is enjoying a fine lunch in his high chair. He picks up a handful of spaghetti and stuffs it in his mouth. Next, he picks up two handfuls and shoves them in his ears. The next handful goes in his hair, and the one after that is casually thrown on the floor. As his motivation appears to be simply the novelty of each of these acts, Franco's behavior would best be categorized as a

• A) secondary circular reaction.
• B) primary circular reaction.
• C) tertiary circular reaction.
• D) beginning of thought.

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Definitions:

Dynamic Pricing

A pricing strategy where prices are adjusted in response to real-time supply and demand conditions, market volatility, or customer behavior.

Odd-even Pricing

A pricing strategy where prices are set just below a round number, e.g., $19.99 instead of $20, to create a perception of greater value.

Product-line Pricing

A pricing strategy where different products within the same category are priced differently based on features, costs, or target market segments.

Price Differentials

The variation in the price of goods or services when compared across different markets, sellers, or buying conditions.