Which of the Following Is True of Odd Pricing

Multiple Choice

Which of the following is true of odd pricing?

A) It is the idea that if a television costs $599 instead of $600, consumers perceive the first one to be far cheaper than it actually is.
B) This strategy includes random and arbitrary price fluctuations in order to increase foot traffic.
C) It is the most popular method of establishing a fixed margin by determining the actual cost of each product.
D) It means that a producer has decided to decrease variable costs.