Question
Below are several scenarios that describe pricing strategies. Select the pricing strategy from the drop down menu that matches each scenario. select(psychological pricing, promotional pricing,
Below are several scenarios that describe pricing strategies. Select the pricing strategy from the drop down menu that matches each scenario. select(psychological pricing, promotional pricing, price skimming, captive pricing)Nike introduces a new shoe that automatically inflates when the wearers arches begin to fall. They price the shoes at $299.99 much higher than a standard pair of shoes. select(psychological pricing, promotional pricing, price skimming, captive pricing)In deciding between two sweaters with very similar color and fit, you buy the sweater that is priced at $69.59. You arent sure why it seemed like the best price. select(psychological pricing, promotional pricing, price skimming, captive pricing)You bought an HP color laser printer at a very reasonable price but you are surprised and disappointed to discover how expensive replacement toner cartridges are and that you seem to need one every few months. select(psychological pricing, promotional pricing, price skimming, captive pricing) Wow! On the endcap of the snack aisle you see a special deal: a two-pack of Super Bowl Pringles for $3.99. You grab it and are delighted to save some money, then you walk down the chip aisle and realize you did not save any money at all: Single cans of Pringles sell for $1.99.
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