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In many marketing textbooks, including this one, there is the principle that if a retailer sets the price too low, it will frustrate sales based

In many marketing textbooks, including this one, there is the principle that if a retailer sets the price too low, it will frustrate sales based on __________. The write-off of $1.6 million in merchandise proves otherwise, given the context.

a. customer satisfaction

b. consumer law

c. the price-is-right notion

d. perceived reasonable value

e. None of the above

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