Some Retailers Commonly Use Prices That End in Certain Numbers

question 91

Multiple Choice

Some retailers commonly use prices that end in certain numbers. They seem to assume that their customers see prices with these numbers as substantially lower. This is:

• A) odd-even pricing.
• B) demand-backward pricing.
• C) leader pricing.
• D) prestige pricing.
• E) psychological pricing.

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Definitions:

Output Frequency

The frequency of the signal generated by an electrical or electronic device, indicating how often it repeats per unit time.

Poles Per Phase

Refers to the number of magnetic poles in a phase of a polyphase machine, affecting speed and performance of the electrical machine.

Higher Power Output

Refers to equipment or systems designed to generate or deliver increased amounts of power compared to standard models.

Revolving Armature

In an electric generator or motor, the rotating component that includes conductors, which cuts through magnetic lines of force to generate an electromotive force.