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When a Retailer Puts a Sign on a Product That

question 28

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When a retailer puts a sign on a product that says "reduced" or a retailer puts a sign on a product that says "compare to XXX at $10.00 more," the retailer is encouraging what kind of pricing psychology for its shoppers


Definitions:

Cross-docking

A logistics practice where incoming shipments are unloaded, sorted, and directly reloaded onto outbound vehicles to reduce storage time.

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