Odd$-$even pricing is when:

Question $1$ options:

A marketer sets a high price to indicate luxury

A marketer sets the price of a product just a few cents or dollars under an even number so that the customer perceives it as being much lower than it actually is

A marketer sets the price of a product as a complex number so that it's harder for a customer to quickly recognize

A marketer sets the price of a product a few cents above or below a competitor's price