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Footnotes / references. [1] Raycom Media, Inc.was an American televisionbroadcastingcompany based in Montgomery, Alabama. Raycom owned and/or provided services for 65 television stations and two radio stations across 44 markets in 20 states. Raycom, through its Community Newspaper Holdingssubsidiary, also owned multiple newspapers in small and ...
For example, the store may advertise a widget for $9.99, but with a $5 instant rebate, the price is $4.99. Or the product may be advertised as $4.99 with a $5 instant rebate. Instant rebates are processed at the time of sale, and so the rebate is provided immediately upon purchase. We can see instant rebate as a discount on a product.
For example, if the price of a product is $93 and the sales price is $79, people will initially compare the left digits first (9 and 7) and notice the two digit difference. [6] However, because of this habitual behavior, "consumers may perceive the ($14) difference between $93 and $79 as greater than the ($14) difference between $89 and $75". [ 6 ]