Question: Question content area top Part 1 _ _ _ _ _ _ _ is a pricing tactic that takes advantage of the fact that consumers

Question content area top
Part 1
_______ is a pricing tactic that takes advantage of the fact that consumers do not always respond rationally to stated prices.
Question content area bottom
Part 1
A.
Dynamic pricing
B.
Fixed pricing
C.
Penetration pricing
D.
Psychological pricing
E.
Price lining

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!