A common rule of thumb in retailing is that price should be marked down at least 20% for consumers to notice a price change.

Name: A common rule of thumb in retailing is that price should be marked down at least 20% for consumers to notice a price change.
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Quizplus · Accepted Answer

This is a commonly accepted rule of thumb in retailing. A 20% markdown is considered significant enough for consumers to notice and potentially be motivated to make a purchase.

A Common Rule of Thumb in Retailing Is That Price