Leslie loves to shop at T.J. Maxx and feels she is saving a lot of money because the price tags usually have the manufacturer's suggested retail price (MSRP) listed and crossed off and the T.J. Maxx price below much lower. The MSRP is being used as a _____.
A) markup
B) base price
C) reference price
D) deceptive price
E) perceptual price
Correct Answer:
Verified
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