Research Has Shown That Consumers Tend to Process Prices in a "Left-To-Right

question 119

Multiple Choice

Research has shown that consumers tend to process prices in a "left-to-right" manner rather than by rounding. With this knowledge which of the following prices for a stereo receiver would seem to be a better physiological price?

• A) $110.00
• B) $109.50
• C) $100.00
• D) $99.99
• E) $150.00

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Definitions:

Advance Directives

Written statement in which people gives instructions for their future medical care.

Typical

Characteristic of a particular person, group, situation, or thing; representing the usual or most common example.

Disinherited

The act of intentionally preventing someone from receiving inheritance or property from a will or estate.

Entire Estate

Refers to all the assets owned by an individual at the time of their death, including property, investments, and personal belongings.