A supermarket places its store brand of blackberry jam priced at $5 per jar in the fruit preserves aisle, alongside the jam jars of a better known brand—whose products are priced at $8 apiece

Store managers reason that customers are more likely to choose the store brand instead of the better-known brand when they realize the price difference. What price adjustment strategy is evident in the supermarket's reasoning?
A) by-product pricing
B) product bundle pricing
C) captive product pricing
D) psychological pricing
E) seasonal pricing

D

Business

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_____ is a necessary condition of high performance because it contributes to good long-term relationships with employees, customers, and the public.

A. Emotional behavior B. Ethical behavior C. Physical behavior D. Mental behavior E. Cognitive behavior

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What is the current yield of a bond with a 7% coupon, 3 years until maturity, and a price of $690?

a. 16.84% b. 10.14% c. 14.00% d. 7.00%

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