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Juanita buys diet Dr. Pepper at Dollar General. She typically pays $1.99 per bottle. Walmart is selling the same size of Dr. Pepper for $1.25

Juanita buys diet Dr. Pepper at Dollar General. She typically pays $1.99 per bottle. Walmart is selling the same size of Dr. Pepper for $1.25 per bottle. While Juanita's Dollar General can lower its price to $1.25, it has no control over what Walmart's price will be. Walmart can lower its price, keep its price unchanged, or raise its price. This scenario is referred to as _______. a. A/B test b. naturalistic observation c. focus group research d. conjoint studies

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