In the Video Example in the Chapter,Dr

question 30

Multiple Choice

In the Video Example in the chapter,Dr.Olmeda suggests teachers need to focus not only on skills,but also on possible cultural biases in the classroom because

• A)the classroom is a community so some of the biases that occur outside the classroom also carry over into the classroom.
• B)all teachers are culturally biased,especially toward Latinos.
• C)all teachers are culturally biased,especially toward African-Americans.
• D)students from some cultures are visual learners and some from other cultures are auditory learners.

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Definitions:

Fixed-Price Policy

Setting one price for all buyers of a product or service. Also called a one-price policy.

Dynamic Pricing Policy

A strategy where prices are adjusted in real-time based on demand, supply, and other market conditions.

Penetration Pricing

A marketing strategy that involves setting a low price for a new product to attract customers and gain market share quickly.

Odd-Even Pricing

A psychological pricing strategy where prices are set to just below a whole number to make the price appear significantly lower to consumers.