Ask Question
2 November, 09:12

Sears offers a craftsman radial saw for $499.99, under the presumption that consumers see the craftsman radial saw as priced at "something over $400" rather than "about $500." this is an application of what pricing strategy?

+5
Answers (1)
  1. 2 November, 12:55
    0
    This is an application of psychology pricing. Consumers tend to perceive odd prices as lower than they are. This causes people to round down instead of up to the next monetary unit.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Sears offers a craftsman radial saw for $499.99, under the presumption that consumers see the craftsman radial saw as priced at "something ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers