While watching television late one evening, you see an advertisement for a microwave pasta cooker. You're interested but are sure it is going to be too expensive, and you wouldn't pay over 20 for it. To your surprise, the pasta cooker is being offered for the low price of 19.99 This is an example of what type of pricing strategy?
A) Product-line pricing
B) New-product pricing
C) Psychological pricing
D) Promotional pricing
E) Comparison discounting
Question 2
Which of the following is one of the three factors contributing to high levels of entrepreneurship in the United States?
A) Stagnant technology
B) Limited funding
C) Rapid job growth at large companies
D) Advances in technology
E) Social pressure toward traditional employment
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