Consumers' Internal Reference Price May Be Based on

question 73

Multiple Choice

Consumers' internal reference price may be based on

• A)looking at competitive ads.
• B)their understanding of how much it would cost to make it.
• C)researching on the Internet.
• D)visiting several stores.

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Definitions:

Walks Around Room

"Walks around room" refers to the action of moving on foot at a steady pace around a room, often used as a way to describe someone's physical activity in a contained space.

Holding Onto Objects

The act or behavior of physically grasping or retaining objects for a period of time, often for support, security, or comfort.

Responds by Looking

A behavior indicating attention or acknowledgement, often used to describe non-verbal communication where a person looks towards a stimulus in response.

Smiling

An expression of happiness, friendliness, or amusement, characterized by the upward curving of the corners of the mouth.