All of the Following Are Psychological Techniques Except

question 110

Multiple Choice

All of the following are psychological techniques except

• A) customary pricing.
• B) prestige pricing.
• C) reference pricing.
• D) odd-even pricing.
• E) price skimming.

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Definitions:

Lease Interest

The interest cost associated with leasing an asset, often a charge in addition to the lease payments.

General Annuity

An annuity in which the payment interval does not equal the compounding interval.

Annuity Due

An annuity in which the periodic payments occur at the beginning of each payment interval.

Compounded Monthly

Definition: The process where interest is calculated and added to the principal amount of the deposit or loan every month.