Question

17 multiple choice 1 point in the box reaching beyond our borders, the text describes the shrinkflation tactic. how do businesses benefit from using this tactic? branding becomes more effective. companies can sell less product for the same amount of money, often without the customer realizing the change. companies can spend less on packaging. consumers are more likely to purchase products after shrinkflation.

Explanation:

Shrinkflation is a business tactic where a company reduces the quantity or size of a product while keeping its price the same. This allows businesses to maintain revenue (or increase profit margins) without raising prices overtly, which often goes unnoticed by consumers in the short term, making this the core benefit of the tactic.

Answer:

Companies can sell less product for the same amount of money, often without the customer realizing the change.