An Example of Deceptive Pricing Could Include Which One of the Following

question 73

Multiple Choice

An example of deceptive pricing could include which one of the following?

• A) A company advertised a large price reduction from a phony high retail list price.
• B) A company lured customers to the store for a bargain that is out of stock.
• C) A company refused to advertise sale prices in the local paper.
• D) A company misrepresented a product's features in an ad.
• E) A company used misleading labelling.

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Definitions:

Classical Conditioning

The phenomenon of learning via repeated combinations of two stimuli, causing a response that was first caused by the second stimulus to end up being caused by the first stimulus.

Operant Conditioning

A process in which learning occurs by modifying the strength of a behavior using rewards or punishments.

Compulsion

The irresistible urge to perform an act repeatedly, often as a way of relieving anxiety, which constitutes part of obsessive-compulsive disorder.

Obsession

Persistent and intrusive thoughts, images, or urges that cause significant anxiety or discomfort.