MRKT 452 Chapter 5: MRKT 452 Textbook Notes
Document Summary
Bathroom in homes matter a lot influencing sale price of house. Can make inferences about the house based on limited info ex hygiene of other rooms in the house. Marketing pov: having something others don"t have because bathrooms are often the same in every house. Having a different bathroom differentiates you from others. When markets move quickly people make wrong decisions. More confident in your own abilities to succeed than in facts. Things playing in mind making easier to make wrong decisions. Sticking to what you have when there are many options, choosing also means loosing the others.