ABC Company priced the product as of Rs. 19.99 instead of Rs. 20. Which of the following pricing techniques is ABC Company using?
A. Dodging pricing
B. Deceptive pricing
C. Premium pricing
D. Psychological pricing
Answer: Option D
Related Questions on Marketing Management
Launching a product in a small part of the market is called:
A. Competitive response
B. Competitive analysis
C. Test marketing
D. None of these
A. Product
B. Selling
C. Customer
D. Production
Markets which are organized and regulated by statutory measure are:
A. Regulated markets
B. Unregulated markets
C. World market
D. None of these
A. Innovators
B. Late majority
C. Early majority
D. Late adopters
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