If a retail store has an item that is priced well above its other products in an effort to make the majority of its products seem inexpensive by comparison, this is an example of:

Question

19-01-2022
Business

contestada

If a retail store has an item that is priced well above its other products in an effort to make the majority of its products seem inexpensive by comparison, this is an example of:

Respuesta :

Otras preguntas

Lieutenant Colonel James Doolittle led what action in 1942? Question 6 options: 1) air attacks on Tokyo 2) retreat to the Bataan Peninsula 3) a sea battle us

Archer Inc. issued $4,000,000 par value, 7% convertible bonds at 99 for cash. If the bonds had not included the conversion feature, they would have sold for 95.

A ______ is a fixed mental picture of a member of some specified group based on some attribute or attributes that reflect an oversimplified view of that group,

High value-added per employee is associated with: a. capital intensive industries. b. labor intensive industries. c. the shoe industry in 1860. d. the use of un

What is the answer how does the value of the digit 3 in the number 63,297 compare to the value of the digit 3 in the number 60,325 be sure to include what you k

Why did you measure 20 cycles of the pendulum motion to determine the period, rather than just one cycle?

While the legislative branch is charged with writing the laws and the executive branch with enforcing laws, it is left to the judicial branch to do which of the

In an organism with a diploid number of 2n=10, how many individual chromosomal structures will align on the metaphase plate during (a) mitosis, (b) meiosis I an

3.4.13 E Question Help Scott invested a total of $5900 at two separate banks. One bank pays simple interest of 12% per year while the other pays simple interest

"We believe in creating loyal customers by providing a superior experience at a great value. We are committed to direct relationships, providing the best produc

Martebi Martebi · Answer 1 · 2022-01-27T12:14:44+01:00

There are different kinds of product effect. If a retail store has an item that is priced well above its other products in an effort to make the majority of its products seem inexpensive by comparison;

this is an example of the framing effect.

What is a framing effect?

The framing effect is commonly defined as a type of cognitive bias that influences the decision making of people when said in different ways.

Conclusively, This simply implies that we are affected by how the same fact or question is portrayed to us.

learn more about the framing effect from

https://brainly.com/question/2444365