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Per the lecture, what went wrong for Mr. Johnson? Question 4 options: Removing the regular price left consumers with no reference price to anchor to,
Per the lecture, what went wrong for Mr. Johnson? Question 4 options: Removing the "regular price" left consumers with no reference price to anchor to, so they weren't confident they were getting good deals. He failed to understand image pricing. He didn't stick with "everyday low prices" for long enough to see if they would work. He should've known that customers see through artificial pricing
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