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The video tutorial introduces the concept of price tags, explaining their purpose and significance in everyday transactions. It provides a basic understanding of how price tags are used to convey the cost of items to consumers.

What is the primary purpose of a price tag in commerce?

• To indicate the price of an item

• To provide a product description

• To display the brand name

• To show the manufacturing date

What information is typically found on a price tag?

• Product weight

• Store location

• Customer feedback

• Price of the item

In which setting are price tags most commonly used?

• Warehouses

• Manufacturing plants

• Retail stores

• Online stores

Why might a retailer change the price tag of an item?

• To alter the brand name

• To change the product's color

• To reflect a sale or discount

• To update the product description

How do price tags influence consumer behavior?

• By providing nutritional information

• By making products more attractive

• By offering customer reviews

• By affecting purchasing decisions