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Which of the Following Is a Form of Psychological Pricing

question 40

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Which of the following is a form of psychological pricing that involves charging a high price to create a signal that a product is exceptionally fine?


Definitions:

Autonomic Arousal

Autonomic arousal refers to the physical responses of the autonomic nervous system to stimuli, including changes in heart rate, breathing, and sweating.

Parasympathetic Arousal

The activation of the parasympathetic nervous system, leading to relaxation and decreased heart rate.

Polygraph

A polygraph, or lie detector test, measures physiological responses to questions to determine truthfulness.

Parasympathetic Nervous System

Part of the autonomic nervous system that helps the body conserve energy and promotes relaxation and digestion.

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