Which of the Following Statements Regarding Retail Pricing Is Most

question 97

Multiple Choice

Which of the following statements regarding retail pricing is most accurate?

• A)Consumers rarely base their perceptions of a store's prices on a price of a benchmark item in the store.
• B)Consumers are influenced more by a store's ambiance than its prices.
• C)Stores that offer rebates and take an excessive amount of time to process them may create negative consumer perceptions.
• D)New technology has almost made shoplifting a thing of the past.
• E)The only difference between everyday low pricing and everyday fair pricing is whether the store uses markups.

---

Definitions:

Neutron

One of the principal parts of an atom. The neutron has no charge and is part of the nucleus.

Alternating Current

Electrical current that periodically reverses direction, in contrast to direct current that flows in only one direction.

Omnidirectional

Characteristic of an antenna that can send or receive signals equally well in all directions.

Unidirectional

Moving or operating in a single direction, often used to describe devices that allow current to flow only one way, like diodes.