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Economic Trends That Affect Pricing Decisions Include Increases in Disposable

question 39

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Economic trends that affect pricing decisions include increases in disposable income and status consciousness,a trend for customers to shop cheap,global economic conditions,and local economic conditions.


Definitions:

Piaget

A developmental psychologist known for his theory of cognitive development that describes how children's intellectual abilities evolve through stages.

Justice Perspective

A view that emphasizes fairness, equity, and moral rightness in the consideration of how laws and policies affect people.

Care Perspective

An ethical viewpoint highlighting the importance of interpersonal relationships and the welfare of others in moral deliberation.

Kohlberg

A psychologist known for his theory of moral development, which proposes that individuals progress through stages of moral reasoning.

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