Select the correct answer.

Which pricing strategy is a store using when it sells shoes at $79, $99, and $299?

A. economy pricing
B. penetration pricing
C. premium pricing
D. psychological pricing
E. price skimming

Answers

Answer 1

Answer:

D

Explanation:

The action being used here is the psychological pricing action.

It tends to appeal to the buying reasoning of the buyer. In this system of pricing, the prices of goods are intentionally placed using odd figures. This is because, it is believed that setting prices at these type of price ranges have a psychological effect on the consumer

The 0.01 cent difference would appeal to the psychological thinking of the consumer, thereby making him purchase the goods which in fact is same price when looked at technically

All in all, the pricing system is looking to make the buyer take a decision which will favor the seller as the fractional bits taken off the price would appear to the customer as if he’s purchasing at a lesser price which is technically not so

Answer 2

Answer:

D. psychological pricing

Explanation:

right on edmentum


Related Questions

Zoom In, Inc. is engaged in the business of coding, with an emphasis on Internet marketing, business apps, and intra-corporate networks. In all of Zoom In’s business activities, it is subject to United States laws and regulations. The basis for all law in the U.S. is _________.a. ​the U.S. Constitution.

b. ​the executive orders of the president.

c. ​each of the states' individual constitutions.

d. ​legislation enacted by Congress.

Answers

Answer:

Option A. The U.S. Constitution.

Explanation:

The reason is that the US constitution provides the basic framework for the laws to be formulated and passed both in the US National Assembly and the Senate. The laws cannot be formulated if the US constitution doesn't allows the passing of the law which means that the constitution must be amended first. When the slavery was to be eliminated in 1865, the first problem was that passing the elimination of slavery law was inconflict with the US constitution. So the constitution was amended before passing the law to eliminate the conflict.

In the nutshell, every law originates because of different reasons like Technological reasons, Social reasons, Cultural reason, etc) but the basis remains the same which is US constitution which is the basic framework for passing the law.

why is the leaf washed with distilled water​

Answers

To remove almost all of the sodium and minerals
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