The Major Disadvantage of Price Lining Is That It Is

question 184

True/False

The major disadvantage of price lining is that it is complicated for both clerks and customers.

---

Definitions:

Critical Period

A specific time during development when the organism is particularly sensitive to certain environmental stimuli, and its absence can lead to irreversible consequences.

Preoperational Stage

A stage in Piaget's theory of cognitive development, occurring from ages 2 to 7, characterized by symbolic thinking and egocentrism.

Object Permanence

Understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed; usually develops in infancy.

Accommodation

The process by which individuals adjust their schemas and perceptions to incorporate new experiences.