A Gas Station in South Ventalia Charges $4

question 42

Multiple Choice

A gas station in South Ventalia charges $4.99 instead of $5.00 for regular gas and $9.99 instead of $10.00 for premium gas to encourage its customers to believe that its prices are low.This is an example of _____.

• A)prestige pricing
• B)bundle pricing
• C)markup pricing
• D)odd-even pricing

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Definitions:

Subsurface Material

Materials found beneath the Earth's surface, which can include soil, rock, liquids, and gases.

Groundwater Divide

A relatively high area of the water table, separating groundwater that flows in opposite directions.

Subsurface Material

Refers to the layer of soil, rock, and other materials that lie beneath the surface of the Earth.

Groundwater

Water found below the surface of the earth, existing within spaces in soil and cracks within rock structures.