Answer:
<em>Just Meaningful Difference
</em>
Explanation:
The Just meaningful difference
, or simply JMD, Symbolizes the slightest amount of stimulation shift which would impact consumption and preference of consumers.
Example will include, when a price of a can of soda increases slightly from $2.36 to $3.28
Answer:
The Sun is 91.452 million miles away from Earth.
Explanation:
Hope it helped!
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
Answer:
Loss-leader pricing
Explanation:
Loss leader pricing can be defined as a marketing strategy that entails selecting some retail products that is going to be sold below cost. This means that the retailer will not make any profit from the products being sold because the goods are being sold below the actual price.
This is done in order to get customers in the door. It is a method of enticing buyers to purchase your products.
This stategy attracts news customers because goods are being sold at significant discount to market price.
Answer:
c
i could not see the ful image until now srry
pls give brainliest i need for new rank
Explanation:
