Odd Pricing Strategy Represents a Pricing Strategy That Establishes a Low

question 103

True/False

Odd pricing strategy represents a pricing strategy that establishes a low price in hopes of attracting a great number of customers and attempts to discourage competitors.

---

Definitions:

Learned Helplessness

A condition in which a person suffers from a sense of powerlessness, arising from a traumatic event or persistent failure to succeed.

Martin Seligman

A psychologist known for his work on the theory of learned helplessness, positive psychology, and well-being.

Theory of Depression

An explanation of depression that might integrate biological, psychological, and social factors influencing its development and maintenance.

Learned Helplessness

A state where an individual feels helpless, stemming from experiencing a traumatic incident or continual inability to achieve success.