Some Consumers Maintain a "Price-Quality Association," Meaning That If a Product

question 167

Multiple Choice

Some consumers maintain a "price-quality association," meaning that if a product has a high price, they assume the product must have high quality. This "price-quality association" is the basis for the use of:

• A) Odd-even pricing.
• B) Prestige pricing.
• C) Leader pricing.
• D) Reference pricing.
• E) Price lining.

---

Definitions:

GUI Application

A graphical user interface application that allows users to interact with electronic devices through graphical icons and visual indicators.

JCheckBox

A GUI component in Java Swing that represents a checkbox which can be either checked or unchecked by the user.

ToggleButton

A ToggleButton is a user interface element that can switch between two states or options when clicked, often represented visually by being "checked" or "unchecked."

Subclass

A subclass in object-oriented programming is a class that inherits from another class, known as its superclass, allowing for code reuse and polymorphic behavior.