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According to Weber's Law, Which Price Increase Would Consumers Perceive

Question 62

Multiple Choice

According to Weber's Law, which price increase would consumers perceive to be the greatest?


A) A 10 cent increase over the original price of 25 cents.
B) A 50 cent increase over the original price of one dollar.
C) A $10 increase over the original price of $25.
D) A $100 increase over the original price of $400.
E) Can't tell without more information.

Correct Answer:

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