Examlex
Price advertisements should never
Reflexive Processes
Cognitive operations and behaviors that occur automatically without conscious deliberation.
Dual Process Approach
A theory proposing that human cognition operates through two distinct types of processes: automatic, intuitive thinking (System 1), and deliberate, analytical reasoning (System 2).
Process 1
Often referred to as the initial, automatic, and intuitive response or thought process that occurs without deliberate analytical effort.
Biases
A tendency or partiality that favors or discriminates against something, someone, or a group over another, often in a manner deemed to be unjust.
Q11: Rarely is the lowest-price product offering the
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Q120: For marketers using a price skimming strategy,once