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Jerry Is Developing a Pricing Strategy for an Established Line

question 21

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Jerry is developing a pricing strategy for an established line of home care products.His premium products are priced over $50,his best products are in the $2540 range,and his good products are $1015 range.Jerry is using a ________ strategy.


Definitions:

Pavlov

A Russian physiologist best known for his work in classical conditioning, demonstrating how reflexes can be conditioned to respond to neutral stimuli through association.

Watson

John B. Watson, an American psychologist who established the psychological school of behaviorism, emphasizing the study of observable behavior.

Skinner

B.F. Skinner, a psychologist and behaviorist known for his development of the operant conditioning theory, emphasizing the influence of external stimuli on behavior.

Biological Predisposition

Rephrased from Genetic Predispositions: The inherent genetic makeup that increases the likelihood of an individual developing certain conditions or traits.

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