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) demand-based pricing
B) cost-based pricing
C) psychological pricing
D) prestige pricing
E) penetration pricing
C
Business
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How parties treat each other in one-to-one relationships is the process of which of the following justices?
A. interactional B. systemic C. procedural D. distributive
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The variable overhead spending variance is also called the variable overhead rate variance
Indicate whether the statement is true or false
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The product upgrade and line extension strategies have different effects depending on the competitive power and position of the brand.
a. True b. False
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