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Establishing Price and Developing Incentives in Marketing
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Establishing Price and Developing Incentives in Marketing

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Questions and Answers

What is a method mentioned in the text to decrease monetary costs for the desired behavior?

  • Celebrity endorsements
  • Social media campaigns
  • Loyalty points
  • Discount coupons (correct)
  • Which tactic is suggested in the text for decreasing time and physical costs for the desired behavior?

  • Introducing complex requirements
  • Creating social media profiles
  • Embedding a new behavior into present activities (correct)
  • Increasing the price of products
  • What type of discount is mentioned in the text as a method to decrease monetary costs?

  • Seasonal discounts (correct)
  • Bulk purchase discounts
  • Employee discounts
  • Educational discounts
  • How can a new behavior be encouraged according to the text?

    <p>By anchoring it to an established habit</p> Signup and view all the answers

    Which of the following is NOT mentioned in the text as a method to decrease monetary costs?

    <p>Celebrity endorsements</p> Signup and view all the answers

    What is a strategy provided in the text to decrease nonmonetary costs for the desired behavior?

    <p>&quot;Anchoring&quot; the new behavior to an established habit</p> Signup and view all the answers

    Which of the following tactics is aimed at reducing time costs according to the text?

    <p>&quot;Embedding&quot; a new behavior into present activities</p> Signup and view all the answers

    What is suggested in the text as a way to decrease monetary costs for the desired behavior?

    <p>&quot;Distributing&quot; discount coupons</p> Signup and view all the answers

    What can be done to encourage physical activity?

    <p>&quot;Recommending&quot; stair climbing over elevator use</p> Signup and view all the answers

    What strategy is provided in the text for decreasing physical or psychological costs for desired behaviors?

    <p>Incorporating new behaviors into existing routines</p> Signup and view all the answers

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