__ is based on past experience consumers have a set price or a price range in mind that they refer to when they evaluate a​ product's cost.

__ is based on past experience consumers have a set price or a price range in mind that they refer to when they evaluate a​ product's cost.



A.
​Bait-and-switch
B.
Internal reference price
C.
Price fixing
D.
Predatory pricing
E.
Price lining



Answer: Internal reference price


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