When the goals of a business are stabilizing market prices,establishing market position,building an image,and developing a reputation,which of the following strategies should be used?

Question

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Psychological pricing is a pricing strategy that uses psychological factors to influence consumer behavior. It is often used to create the perception of value or to make a product seem more affordable. In this case, psychological pricing could be used to stabilize market prices, establish market position, build an image, and develop a reputation.

When the Goals of a Business Are Stabilizing Market Prices,establishing