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kobusy [5.1K]
2 years ago
13

A single jar of original formula Carmex has different prices for the product depending upon where it is sold, but each price wil

l end in a nine ($0.99 at mass merchandisers like Walmart or Target; $1.59 at drugstores; and $1.79 at grocery stores). This pricing strategy is called:_________
A) standard pricing.B) odd-even pricing.C) customary pricing.D) everyday lower pricing.E) at-market pricing.
Business
1 answer:
kipiarov [429]2 years ago
4 0

Answer:

B

Explanation:

Odd even pricing is a psychological technique where the price of a product always ends in an odd number. This is based on the belief that consumers find this type of prices more appealing.

At market pricing strategy is when the price of a good is based on the price of similar goods selling in the market.

Customary pricing is when the price chosen for a good or service is the price that consumers associate with the product

everyday lower pricing is when the seller charges a lower price everyday over an extended period of time

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Answer:

The objective function is to minimize cost thru use of linear programming

Explanation:

A craftsman named William Barnes builds two kinds of​ birdhouses, one for wrens and a second for bluebirds. Each wren birdhouse takes 4 hours of labor and 4 units of lumber. Each bluebird house requires 2 hours of labor and 12 units of lumber. The craftsman has available 72 hours of labor and 120 units of lumber. Wren houses yield a profit of $ 10 each and bluebird houses yield a profit of $ 15 each. The aim of the objective function for William should be to ▼ Minimize Maximize the objective value.

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In a closed​ economy, the values for​ GDP, consumption​ spending, investment​ spending, transfer​ payments, and taxes are as​ fo
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