QuestionJune 1, 2025

Question 14(Multiple Choice Worth 5 points) (02.01 MC) A store advertises new cell phones for 95 a month for 12 months instead of 1,140 in order to encourage customers to enter the store be creative with their marketing campaign reduce the price burden on the customer make a large price look more manageable

Question 14(Multiple Choice Worth 5 points) (02.01 MC) A store advertises new cell phones for 95 a month for 12 months instead of 1,140 in order to encourage customers to enter the store be creative with their marketing campaign reduce the price burden on the customer make a large price look more manageable
Question 14(Multiple Choice Worth 5 points)
(02.01 MC)
A store advertises new cell phones for 95 a month for 12 months instead of 1,140 in order to
encourage customers to enter the store
be creative with their marketing campaign
reduce the price burden on the customer
make a large price look more manageable

Solution
4.6(250 votes)

Answer

make a large price look more manageable Explanation 1. Analyze the payment structure The store offers a monthly payment plan of \ 95 for 12 months, which totals \ 1,140. This is the same as paying \ 1,140 upfront. 2. Determine the marketing strategy Offering a monthly payment plan makes the total price appear smaller and more manageable to customers compared to a large upfront cost.

Explanation

1. Analyze the payment structure<br /> The store offers a monthly payment plan of $\$ 95$ for 12 months, which totals $\$ 1,140$. This is the same as paying $\$ 1,140$ upfront.<br /><br />2. Determine the marketing strategy<br /> Offering a monthly payment plan makes the total price appear smaller and more manageable to customers compared to a large upfront cost.
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