(The)_____ Is the Point at Which Consumers Detect a Change

question 5

Multiple Choice

(The) _____ is the point at which consumers detect a change between two stimuli (prices) .

• A) price skimming
• B) cost-based pricing
• C) psychological pricing
• D) just noticeable difference (JND)
• E) penetration pricing

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Definitions:

Trochlear

Refers to the fourth cranial nerve or its associated muscle, involved in eye movement.

Autonomic Reflex

A bodily reflex mediated by the autonomic nervous system that regulates the function of internal organs, such as heart rate and digestion, without conscious effort.

Pupillary Light

The reflex change in pupil size in response to changes in light intensity, which is vital for protecting the retina and adapting vision to varying light conditions.

Trigeminal

Pertaining to the fifth cranial nerve, which is responsible for sensation in the face and motor functions such as biting and chewing.