Your Local Video Store Charges $39

question 90

True/False

Your local video store charges $39.99 instead of $40.00 for a video game. This store is using a strategy known as penny-less pricing.

---

Definitions:

Economic Growth

An increase in the production of economic goods and services, compared from one period of time to another, typically measured by GDP (Gross Domestic Product).

International Obligations

International Obligations refer to the duties and responsibilities that countries have towards each other under international law, including treaties, conventions, and customary international norms.

Environmental Challenges

Issues and problems related to the natural environment, including pollution, climate change, deforestation, and loss of biodiversity, which require collective action and sustainable solutions.

Sociological Insights

Understandings or revelations about human society, its structure, and dynamics, derived from sociological research and theory.