If a company sells one of its products for $9.99 rather than $10,it is using:

A) price skimming.
B) penetration pricing.
C) odd pricing.
D) rational pricing.
E) discount pricing.

Question

If a company sells one of its products for $9.99 rather than $10,it is using:A) price skimming.B) penetration pricing.C) odd pricing.D) rational pricing.E) discount pricing.

Melissa Jakab · Accepted Answer

Final Answer : C, Explanation :  Odd pricing is a strategy where prices are set slightly below a round number, in this case, $9.99 instead of $10, to make the price seem lower than it actually is, encouraging more purchases.

If a company sells one of its products for $9.99 rather than $10,it is using:

A) price skimming.
B) penetration pricing.
C) odd pricing.
D) rational pricing.
E) discount pricing.

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