______ pricing causes consumers to believe they are buying for less.

Name: ______ pricing causes consumers to believe they are buying for less.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Odd pricing is a psychological tactic used by retailers where they price their products at an odd number, such as $9.99, instead of rounding it off to the nearest dollar. This tactic is used to create an illusion of a lower price in the consumer's mind and encourage them to make a purchase.

______ Pricing Causes Consumers to Believe They Are Buying for Less