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Imagine youā€™re buying pizza for your friends, and youā€™re faced with these options: Small: 4 slices for ā‚¹100 Medium: 8 slices for ā‚¹200 Large: 12 slices for ā‚¹260 (with extra cheese!) Now, letā€™s rule out the Small pizzaā€”itā€™s obviously not enough for a

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Vishu Bheda

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Absolutely, Starbucks also uses the decoy effect in its pricing strategy.

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