If the Manager at Walmart Puts a Sign Up Next

question 252

Multiple Choice

If the manager at Walmart puts a sign up next to a Sony television that reads,"Only $199.99! $58.01 less than Best Buy," this is an example of what type of pricing strategy?

• A) Random discounting
• B) Periodic discounting
• C) Comparison discounting
• D) Penetration discounting
• E) Everyday low prices

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Definitions:

Idealism

The metaphysical view that the mind and its ideas are the ultimate reality.

Existence

The state or fact of being, especially of being real, actual, or alive in any form or context.

Mind

The element of a person that enables them to be aware of the world and their experiences, to think, and to feel; the faculty of consciousness and thought.

Spinoza's Metaphysics

An aspect of Spinoza's philosophy focusing on the nature of reality, substance, and the monistic idea that there is only one substance, God or Nature.