Question: Why would a consumer's demand for a product change when the product price is quoted inclusive of taxes rather than before tax? Part 2 Whether
Why would a consumer's demand for a product change when the product price is quoted inclusive of taxes rather than before tax?
Part
Whether taxes are quoted as part of a product's price might affect consumer demand because
Part
A
mentally calculating the impact of taxes has a cost.
B
taxes are salient.
C
rationality is boundless.
D
calculating taxes is costless
E
shoppers often have prior experience.
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