When Retailers Set Prices on New Models or Styles of Products

question 173

Multiple Choice

When retailers set prices on new models or styles of products, the price of existing models often is ________ to quickly sell them.

• A) benchmarked
• B) off-priced
• C) value-added
• D) marked down
• E) maintained

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Definitions:

Behaviour

Describes the actions or reactions of an organism, usually in relation to its environment.

Knowledge

Information, understanding, or skill that one gets from experience or education.

Unconditioned Stimulus

Within classical conditioning, a stimulus effortlessly and instinctively provokes a response without any previous learning involved.

Passionate Kiss

A deep and intense kiss that expresses romantic desire and emotional warmth between partners.