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https: //www.youtube.com/watch?v=pvF4kFPE8U4 What tactics are used in pricing a product at .99?What theories are employed? Should companies opt for psychological pricing? If yes, what are

https://www.youtube.com/watch?v=pvF4kFPE8U4 
  • What tactics are used in pricing a product at .99?What theories are employed?
  • Should companies opt for psychological pricing? If yes, what are the benefits of using this
  • pricing method?
  • Should prices be rounded off every time? In what situations does this pricing strategy not hold
  • good?
  • Have psychological pricing methods worked on you?Provide an example.

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