Which of the Following Is a Type of Psychological Pricing

question 11

Multiple Choice

Which of the following is a type of psychological pricing strategy?

• A)Cost-plus pricing
• B)Rate-of-return pricing
• C)Markup pricing
• D)Bundle pricing

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Definitions:

Aggregation

The combining together of different measurements, such as by averaging them.

Generalizability

The extent to which research findings and conclusions from a study conducted on a sample population can be applied to the population at large.

Ecological Reliability

The degree to which the results of a study or measurement are applicable or relevant to real-world conditions.

Internal Validity

The extent to which a research study can demonstrate a causal relationship between variables, free from confounding factors.