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A retailer decides to reduce the price of a sport coat that normally costs $98. The reduction in ...

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A retailer decides to reduce the price of a sport coat that normally costs $98. The reduction in ...

A retailer decides to reduce the price of a sport coat that normally costs $98. The reduction in price is $3. The storeowner believes that the reduction will catch the eye of the value shopper. If the sport coat does not sell, the retailer might wish to consider which of the following before making another price change?
A) subliminal perception
B) the figure-ground principle
C) the golden triangle
D) Weber's law

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