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A store advertises: Our price: $9.00; Compare at: $10.50. For the consumer: 1) $10.50 is external reference price O2) $10.50 is internal reference price


A store advertises: Our price: $9.00; Compare at: $10.50. For the consumer:  1) $10.50 is external reference

A store advertises: Our price: $9.00; Compare at: $10.50. For the consumer: 1) $10.50 is external reference price O2) $10.50 is internal reference price 3) $9.00 is external reference price 4) $9.00 is internal reference price O 5) $10.50 is external and $9.0 is internal reference price

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