Odd Pricing Originated as a Way to Force Clerks to Make

question 229

True/False

Odd pricing originated as a way to force clerks to make change,thus serving as a cash-control device.

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Definitions:

Gross Private Domestic Investment

The total amount of domestic capital investment in non-governmental sectors, including both non-residential and residential assets.

Producer Plant

Typically refers to a facility or set of facilities that processes raw materials or components to manufacture goods or products for sale. In some contexts, it might specifically denote a facility involved in agricultural production.

Residential Construction

The building and selling of residential buildings such as houses, apartments, and condominiums.

Capacity Utilization Rate

The percentage of a firm's total possible production output that is actually being achieved, indicating how efficiently resources are being used.