The Practice of Ending Prices in Numbers Below Even Dollars

question 46

True/False

The practice of ending prices in numbers below even dollars and cents is intended to create a perception of greater value.

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Definitions:

Socioeconomic Status (SES)

A person’s position in society as determined by income, occupation, education, and place of residence. (Sometimes called social class.)

Political Values

The set of beliefs and ideological principles that guide an individual's preferences and opinions about political policies and candidates.

Cohorts

groups of people banded together or treated as a group, often used in research to study changes across different age groups over time.

Cancer-causing Pesticides

Chemical substances used in agriculture that have been linked to the development of cancer in humans or animals.