You have to deduct 28 female parakeets from 44 sky blue parakeets because the 28 parakeets are already accounted for in the female parakeets. You can also think of how many ways you can choose a female parakeet and a sky blue parakeet. Add all female parakeets (14 + 28) = 42. Sky blue parakeet equaled to 44. Minus the 28 female parakeets included in the sky blue parakeet to avoid double counting. 42 + 44 - 28 = 58 divided by 79 (35 + 44) total parakeets = 73.42%
Price anchoring is when potential buying rely on first price information about the commodity to buy. Price anchoring is used to create a price reference point when making decision as compare to old price. It also gives customers perception of future price.
