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Alex17521 [72]
2 years ago
8

Which pricing tactic calls for offering three similar products, one that is lower priced and less attractive and two that are co

mparable but more expensive
Business
1 answer:
netineya [11]2 years ago
8 0

Decoy pricing tactic calls for offering three similar products, one that is lower priced and less attractive and two that are comparable but more expensive.

<h3><u></u></h3><h3><u>What is decoy pricing?</u></h3>

A price strategy called decoy pricing aims to "push" customers to make a decision. Customers sometimes have to choose between products with varying costs and features while making purchases. And when a business seeks to increase sales of a certain product, it frequently chooses what is known as a decoy pricing structure to sway the consumer's choice. In this instance, the "decoy" is either a product with a slightly cheaper price but much worse quality, or a product with a significantly higher price but slightly greater quality.

The attraction effect and the compromise effect are the two distinct effects on which the decoy pricing strategy is predicated.

<u></u>

Learn more about pricing tactics with the help of the given link:

brainly.com/question/25716956?referrer=searchResults

#SPJ4

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1 year ago
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3 years ago
Read 2 more answers
Consider the following information about production in quarter 1 of 2019. Firm T produces 600 tires at a cost of $28 each, and s
bekas [8.4K]

Answer:

$3,860

Explanation:

<u>Value of stock at the end of Firm T:</u>

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Value = Closing stock * Cost price of each tIres

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<u />

<u>Value of stock at the end of Firm B:</u>

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Value = Closing stock * Cost price of each bicycle

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2 years ago
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Answer:

The correct answer is the first option: True.

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2 years ago
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Answer:

A

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intellectual property

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