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What does the Anchoring Effect refer to in the context of B2B pricing? The human tendency to rely on the last piece of information when

What does the Anchoring Effect refer to in the context of B2B pricing? The human tendency to rely on the last piece of information when making decisions. The human tendency to rely heavily on the first piece of information when making decisions. The human tendency to give equal weight to all pieces of information. The human tendency to rely on the midpoint of price ranges when making decisions

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