Explain how consumers use anchoring and the adjustment process in decision-making.

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Consumer Behavior

ISBN: 978-1305507272

7th edition

Authors: Wayne D. Hoyer, Deborah J. MacInnis, Rik Pieters

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Question Posted: Sep 26, 2018 05:52 AM

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Explain how consumers use anchoring and the adjustment process in decision-making.

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Anchoring is the standard against which product prices are compared to evaluate their reasonableness ...View the full answer

Consumer Behavior

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