Downloading a song for 99 cents is an example of psychological pricing.

Name: Downloading a song for 99 cents is an example of psychological pricing.
Brand: Quizplus
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Quizplus · Accepted Answer

Psychological pricing is a strategy used by businesses to influence consumer perception and behavior. It involves setting prices at certain levels that are more appealing to customers, such as 99 cents, which is often perceived as a lower price than $1. This tactic can lead to increased sales and revenue for the business.

Downloading a Song for 99 Cents Is an Example of Psychological