What was the initial reason for odd pricing?
A) It saved on distribution costs
B) It reduced losses due to employee theft of cash
C) It offered a limited number of predetermined price points making pricing easier
D) It eliminated confusion when a customer shopped in different locations
E) It was used to increase traffic flow

Question

Quizplus · Accepted Answer

Odd pricing was initially used to reduce losses due to employee theft of cash by requiring cashiers to open the cash register to give change, thus recording the sale.

What Was the Initial Reason for Odd Pricing