Matrixautos,an Automobile Rental Unit,rents Its Cars at $499 Rather Than

question 14

Multiple Choice

Matrixautos,an automobile rental unit,rents its cars at $499 rather than $500 to encourage its consumers to think of its services as less expensive.This is an example of _____.

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

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Definitions:

Eighteenth Century

The period from January 1, 1701, to December 31, 1800, in the Gregorian calendar, marking the 18th century.

Ethnic Differences

The distinctions and diversities that exist among various ethnic groups, often pertaining to culture, language, or identity.

Sex Ratio

The demographic concept indicating the proportion of males to females in a population.

Health and Longevity

The study and practices pertaining to maintaining good health and achieving a long life.