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Todd Owns a Discount Sporting Goods Store, and Several of the Items

Question 96

Multiple Choice

Todd owns a discount sporting goods store, and several of the items in his store have a manufacturer's suggested retail price (MSRP) above Todd's lower price. Todd is using the MSRP as a(n) _____.


A) base reference price
B) external reference price
C) perceptual reference price
D) internal reference price
E) disclosed reference price

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