BUISENESS MANAGEMENT
MERCHANDISING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What advantage could there be to a retailer pricing an area rug at $79.99 instead of $80?
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They will make less money selling at this price
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The customer will perceive this price as a value and might be more likely to buy
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The customer likes to pay an even amount to avoid getting back change
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There is no advantage to pricing this way
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Explanation:
Detailed explanation-1: -What advantage could there be to retailer pricing area rug $79.99 instead of $80? The customer will perceive this price as a value and be more likely to buy it.
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