Re: Consumer's overall perception of the value of a purchase is based not
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21 Dec 2022, 08:25
Conclusion of the argument : when the selling price is held constant, consumers tend to perceive offers with higher suggested reference prices as presenting a better deal
we need something that strengthens the above statement
A- Acquisition value does not affect consumers' assessment of transaction value.
>This cannot be assumed as per the first sentence of the argument. This neither strengthens not weakens the above conclusion
B- Advertised reference prices may differ from manufacturers' suggested retail prices.
>Try negating, Adv ref price will be same as Retail price, this dosent weakent the argument.
C- Consumers almost never pay the full advertised reference price for a product.
>Irreleavent point to discuss
D- Consumers perceive most suggested reference prices in retailers' advertising to be sufficiently credible as a guide to transaction value.
>Correct
E- Transaction value is more important than acquisition value in predicting consumer purchasing behavior.
>Argument never does the comparison between transaction value and acquisition value, it only says both are necessary