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Framing

A concept that says the presentation or context in which a choice is placed affects people's decisions. For instance a gym membership offering an annual payment of £480 a year is likely to be not as well received compared to if it was advertised at just the equivalent of £1.32 a day. This is why a lot of big ticket purchases such as phones and cars are paid in installements as most consumers either cannot or will not pay this extortionate price.

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