The finding that it takes a price change of 10% in order for consumers to notice the change and to act is called which of the following?

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The finding that it takes a price change of 10% for consumers to notice and act is known as Weber's Law, which is a principle in psychology and marketing research. Pavlov's Law and Skinner's Law are related to behaviorism in psychology, while Madrid's Law and Thomson's Law do not exist as established principles in any field.

The Finding That It Takes a Price Change of 10