1. Suspecting that people tend not to buy things that are too cheap (probably because they suspect poor quality), as well as things that are too expensive, Alistair conducted an experiment in pricing.

1. Suspecting that people tend not to buy things that are too cheap (probably because they suspect poor quality), as well as things that are too expensive, Alistair conducted an experiment in pricing. He arranged for 15 shops to sell the same sunglasses at different prices for one month. These are the results:

Which one of the following best fit lines illustrates Alistair’s results?

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1. Suspecting that people tend not to buy things that are too cheap (probably because they suspect poor quality), as well as things that are too expensive, Alistair conducted an…

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