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Debora [2.8K]
3 years ago
8

Which of the following is an example of a psychological pricing strategy? A. Promotional pricing B. Odd pricing C. Product line

pricing D. Unit pricing Please select the best answer from the choices provided A B C D
Business
2 answers:
Mashcka [7]3 years ago
8 0

B. Odd pricing

Odd pricing strategy means making the price end in an <u>odd number</u> such as $9.99

riadik2000 [5.3K]3 years ago
7 0

Answer:

Correct Answer is B, Odd Pricing.

Explanation:

Odd pricing is an example of Psychological Pricing Strategy.

Companies often use the psychological pricing strategy to attract customers. They use odd prices, near to the even ones to psychologically attract the customers. For example, Price of a shoe can be fixed at $79.99, which is near to $80. So customers psychologically feel comfortable while purchasing at $79.99 instead of $80.

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Welfare analysis: Basic conceptsIdentify whether each of the following statements best illustrates the concept of consumer surpl
STALIN [3.7K]

Answer:

Producer surplus

Neither

Consumer surplus

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Producer surplus is the difference between the price of the good and the least price the seller is willing to sell his product.

1. Price = $149

least price seller was willing to sell his laptop = $140.

Hence it's producer surplus.

2. Price = $59

there's no information on the least price the seller was willing to sell or the highest amount the buyer was willing to buy.

hence it's neither producer or consumer surplus

3. Price = $39

highest amount buyer was willing to buy = $46

Hence, it's consumer surplus

I hope my answer helps you

3 0
4 years ago
If the actual unemployment rate is 7% and the cyclical unemployment rate is 2%, then the natural rate of unemployment is:
Luden [163]

Answer:

Hello Friend, I've done my personal research, and I apologize if the answer is incorrect.

The natural unemployment would be 5%.

Explanation:

The percentages of both kinds of employment statuses have an amount of what the natural rate of unemployment would be 5% which is the answer that is provided.

7 0
3 years ago
One result of globalization is that countries, businesses, and people become increasingly interdependent. a. True b. False
Gnoma [55]

Answer:

The Given Statement is True

Explanation:

It is true that globalization causes the businesses, countries and people to become increasingly interdependent. Globalization means operating internationally which causes the people, businesses and the countries to depend on each other. Globalization is also used to describe the increasing interdependence of countries, people and businesses.

3 0
3 years ago
A person who does not lock the doors or does not repair leaks shows an indifferent attitude. This person presents what type of h
Natalija [7]

Answer:

<em><u>Morale.</u></em><em><u> </u></em><em> </em><em>Defined </em><em>as </em><em><u>the </u></em><em><u>attitude</u></em><em><u> </u></em><em><u>of </u></em><em><u>individual </u></em><em><u>groups </u></em><em><u>toward </u></em><em><u>their </u></em><em><u>work </u></em><em><u>environment</u></em><em><u> </u></em><em><u>toward </u></em><em><u>voluntary</u></em><em><u> </u></em><em><u>cooperation</u></em><em><u> </u></em><em><u>to </u></em><em><u>the </u></em><em><u>full </u></em><em><u>extent </u></em><em>of their ability in the best interest of the organization. </em>

4 0
3 years ago
Evaluate the service delivery models. Select the options that, in your opinion, are most efficient together regardless of indust
Allisa [31]

Answer: Service delivery Model taken as a case study of Bank of Central Bank of Nigeria and SMEs in Nigeria(Famers)

Explanation: Service delivery models (SDMs) are supply chain structures which provide services such as training, access to inputs and financing to farmers to increase their performance and sustainability. The image below shows the roles of different entities in an SDM, although this can differ between the cases. The provider of the services is often the same entity that also sources crops from the farmer.  

Modern agribusiness in developed economies is characterized by professional service delivery to the farmer supply base. In developing and emerging economies, this is a different picture; the market is less robust and public structures for service delivery are often non-existing or not well functioning. In this context, processors, traders and other originators of agri-commodities have started to develop services for their supplying farmers. This extension of company operations beyond the immediate core business is relatively recent and therefore still in search of best practice and cost-effectiveness. Many service models are not sustainable yet, as smallholder farmers are still left without access to the services they need. Approach

The focus of our analysis has been on the return on investment at three different levels of service delivery: the (value chain) investor, the service provider and the farmer. These three levels have been chosen because a sustainable model requires that all three main actors of the model receive a return on their investment. At each level, the costs and benefits of using and offering services were collected to calculate the return on investment.  

Different scenario’s were designed to gain insight into the key drivers for costs and benefits for farmers and service providers. To be able to benchmark different cases, a period of 8 years for each case was used, although some of the cases were operating for a shorter or longer time period. The analysis did not calculate the social return (e.g. community benefits) or environmental return (e.g. soil quality improvements or water usage reductions) because there is little quantitative data to support such analysis. Also, as most of the service providers are working with sustainability standards that are geared towards measuring social and environmental impact, we expect that certain social and environmental criteria are already being addressed.

5 0
3 years ago
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