Examlex
A common aspect of having a cold is nose congestion ("stuffy nose") . Air is not able to flow past your olfactory receptors, so you cannot detect smells. When eating, it is olfactory receptors, and not taste receptors, that detect the smells of your food and relate those to your brain as flavors.
-Suppose you have a bag of assorted flavors of candy. You close your eyes, hold your nose, pull out a piece of candy, and eat it. Then you try to describe the candy's flavor. How accurate do you think your prediction will be?
Customary Price
The price that consumers expect to pay for a particular product or service, based on their past buying experiences or the norm in a market.
Prestige Price
A pricing strategy where prices are set higher than average to create a perception of the product being exclusive or of superior quality.
Customary Pricing
A pricing method based on traditional prices for goods and services, often influenced by consumer expectations or market history.
Fixed-price
An agreement where the price of a product or service is set and not subject to change.
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