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M
Question Practice

When a company uses psychological pricing as a strategy, what are they aiming to do?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Business Studies
Business Studies - II
Marketing
Question Bank

When a company uses psychologi...

Single Answer MCQ
Q-00092923

When a company uses psychological pricing as a strategy, what are they aiming to do?

1

Increase production cost

2

Make the price appear more attractive to consumers

3

Reduce overall prices of the products

4

Simplify distribution channels

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