Threshold price-point
id:
threshold-price-point-302-15662383
title:
Threshold price-point
text:
In economics, a threshold price point is the psychological fixing of prices to entice a buyer up to a certain threshold at which the buyer will be lost anyway. The most common example in the United States is the $??.99 phenomenon—e.g. setting the price for a good at $9.99. Though it is effectively ten dollars—especially when you add sales tax—it still appears to the potential buyer to be significantly cheaper than if the good was sold $10.00. Economists and advertising analysts note that should
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Threshold_price-point
date created:
date modified:
2023-10-02T20:10:20Z
main entity:
{"identifier":"Q7798109","url":"https://www.wikidata.org/entity/Q7798109"}
image:
fields total:
13
integrity:
13