Which pricing strategy was first widely implemented by Macy's in the 1880s and continues to influence consumer psychology today?

Pricing strategies have evolved dramatically over the decades, with retailers using various psychological techniques to influence consumer perception and purchase decisions. This trivia question tests your knowledge about one of the most subtle yet effective pricing tactics that has shaped modern retail strategy. How well do you understand the psychology behind the numbers you see on price tags?

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• Charm pricing (prices ending in 9, like $19.99)
• Bundle pricing (buy one get one free)
• Dynamic pricing (prices that change based on demand)
• Prestige pricing (deliberately high prices to signal quality)

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