Why was odd pricing used in the early twentieth century?
A) Odd pricing saved on distribution costs.
B) It was used to increase traffic flow into stores.
C) It offered a limited number of predetermined price points making pricing easier.
D) It eliminated confusion when a customer shopped in different locations.
E) It reduced losses due to employee theft.

Question

Quizplus · Accepted Answer

Odd pricing was initially used to reduce losses due to employee theft. Because merchandise had an odd price, salespeople typically had to go to the cash register to give the customer change and record the sale, making it more difficult for salespeople to keep the customer's money.

Why Was Odd Pricing Used in the Early Twentieth Century