Question: Red Coat Tavern is developing a pricing strategy for their burgers before Black Friday. After several months of market research, RCT has found that price

Red Coat Tavern is developing a pricing strategy for their burgers before Black Friday. After several months of market research, RCT has found that price discounts have to be greater than 30% to be noticed by the consumer. This is amount is known as the
Absolute Threshold
Intensity Threshold
Exposure Threshold
Relative Threshold or Relative Noticeable Difference
Differential Threshold or Just Noticeable Difference
Red Coat Tavern is developing a pricing strategy for their burgers

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