When a seller establishes a series of prices for a type of merchandise,it creates an odd-even pricing.

Name: When a seller establishes a series of prices for a type of merchandise,it creates an odd-even pricing.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Odd-even pricing is a psychological pricing strategy where prices are set just below a round number, such as $9.99 instead of $10.00, to make them appear cheaper. Establishing a series of prices is not the same as odd-even pricing.

When a Seller Establishes a Series of Prices for a Type