Why was odd pricing used in the early twentieth century? Why was odd pricing used...

50.1K

Verified Solution

Question

Accounting

Why was odd pricing used in the early twentieth century? Why was odd pricing used in the early twentieth century? It was used to increase traffic flow into stores. Odd pricing saved on distribution costs. It eliminated confusion when a customer shopped in different locations. It offered a limited number of predetermined price points making pricing easier. It reduced losses due to employee theft.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students