A hamburger stand near the local mall sells hamburgers for $3.99, drinks for $1.99, and fries for $1.49, while a gourmet restaurant nearby sells entrees for $20, $30, and $45. Both of these restaurants are using ________.
A. psychological pricing
B. prestige pricing
C. penetration pricing
D. demand-based pricing
E. cost-based pricing
Answer: A
You might also like to view...
If the amount assigned to ending inventory is incorrect, then:
A) the balance sheet is affected, but the income statement is not. B) the income statement is affected, but the balance sheet is not. C) the balance sheet is affected, but cost of goods sold is not. D) both the balance sheet and income statement are affected.
Which sentence is punctuated correctly?
A) Henry Ford said; "Anyone who stops learning is old, whether at twenty or eighty. Anyone who keeps learning stays young." B) Henry Ford said, "Anyone who stops learning is old, whether at twenty or eighty. Anyone who keeps learning stays young." C) Henry Ford said: "Anyone who stops learning is old, whether at twenty or eighty. Anyone who keeps learning stays young."
Scenario 4.2 Use the following to answer the questions. ? Colin Jackson recently purchased Blue Waters Adventures, a kayak and canoeing rental business near the Chatsworth River in Arizona. Blue Waters Adventures had been in operation for five years and was located in an ideal area. Even though the winters in the area can be cold, kayaking and canoeing activities are generally popular year-round. After two months of operation, it became clear why the previous owners had sold the business. While the business appeared to be ideally located, sales were extremely disappointing. ? Refer to Scenario 4.2. Besides administering the questionnaire, Colin observed people who went kayaking and canoeing on the Chatsworth River, making notes about their appearance and behavior. The type of data he
collected is ____ data. A. indirect B. mechanical C. secondary D. primary E. direct
Predatory lending usually involves all of the following characteristics EXCEPT:
a. high interest rates. b. abusive conditions on borrowing. c. redlining of minority neighborhoods.