Ask Question
BusinessBusiness
17 August, 01:59

If a company sells one of its products for $9.99 rather than $10, it is using:

+3
Answers (1)
  1. 17 August, 02:37
    0
    The business is using the odd even pricing. This is a psychological pricing technique grounded on the belief that fixed prices or price ranges are more attractive to buyers. This technique encompasses setting an amount in odd numbers (just under round even numbers) such as $49.95 rather than $50.00.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “If a company sells one of its products for $9.99 rather than $10, it is using: ...” 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
You Might be Interested in
Karley's setting aside $32,000 each quarter, starting today, for the next three years for an expansion project. How much money will the firm have at the end of the three years if it can earn an average of 5.45 percent on its savings
Answers (1)
Darren is a certified interior designer with a lucrative client list in the city of kelsa, situated in the state of touslon. his business affords him a substantial amount of goodwill from his clients.
Answers (1)
What item is not part of a college application
Answers (1)
A power surge sparks a small electrical fire in an office building. The electrical fire triggers the automatic sprinkler system and the water from the sprinklers, soaks the carpet and shorts-out all the computers, causing thousands of dollars in
Answers (1)
In accordance with the debit and credit rules, which of the following is true? Debits increase both assets and common stock. Credits increase both assets and liabilities. Credits increase assets. Debits increase assets.
Answers (1)
New Questions in Business
In 2013, teller company sold 3,000 units at $400 each. variable expenses were $280 per unit, and fixed expenses were $160,000. what was teller's 2013 net income?
Answers (1)
A project that provides annual cash flows of $24,000 for 9 years costs $110,000 today. Under the IRR decision rule, is this a good project if the required return is 8 percent?
Answers (1)
Which of the following groups has the responsibility for identifying and deciding the appropriate accounting treatment for recording or disclosing contingent liabilities? A) Auditors B) Legal counsel C) Management D) Management and the auditors
Answers (1)
The market for gasoline has changed in a couple significant ways over the last few years: new technologies have decreased the costs associated with producing gasoline, and automobiles are becoming more fuel efficient.
Answers (1)
The inaccuracy of the grapevine has more to do with the message output than with the input. a. True b. False
Answers (2)
Home » Business » If a company sells one of its products for $9.99 rather than $10, it is using:
Sign Up Forgot Password?