Many Retailers Use Odd Pricing Because They Believe That Consumers

question 37

True/False

Many retailers use odd pricing because they believe that consumers prefer uneven amounts or amounts that sound less than they really are.

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Definitions:

AGI

Adjusted Gross Income is the total income minus specific deductions, used to determine taxable income on an individual's tax return.

Contributed

The act of giving or donating something, often for a cause or in context of capital given to a business or investment.

Foreign Tax Credit

An irreversible tax credit for income taxes remitted to a foreign country because of withholdings on foreign income tax.

Taxable Income

Income that is subject to taxation, after all allowed deductions and exemptions are subtracted from gross income.