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A researcher studying the effect of price cuts on consumers\' expectations makes

ID: 3081467 • Letter: A

Question

A researcher studying the effect of price cuts on consumers' expectations makes up two different histories of the store price of a hypothetical brand of laundry detergent for the past year. Eight students in a class view one or the other price history on a computer. Some students see a steady price, while others see regular sales that temporarily cut the price. Students are asked the price they would expect to pay. Reference: Ref 9-2 The response is A. the laundry detergent. B. the business students. C. the price they would expect to pay. D. the sale prices.

Explanation / Answer

. B. the business students.

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