Explain Why a Marketer Might Price a Product at $1

question 83

Essay

Explain why a marketer might price a product at $1.99 rather than $2.00 and vice versa.

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Definitions:

Tracks

In digital media, tracks refer to individual pieces of audio or video in a collection; in computing, it can also refer to the concentric circles on a disk where data is stored.

Catalog

A systematic list, typically of items for sale or library books, arranged according to some plan.

Public Domain

Works not protected by copyright, making them free for public use without permission.

Public Property

Assets owned by the government, accessible and utilized by the general public.