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Many Credit Cards Offer So-Called "Teaser" Rates-Low Introductory Rates That

Question 106

Multiple Choice

Many credit cards offer so-called "teaser" rates-low introductory rates that rise after a few months. What pricing strategy is the use of introductory rates an example of?


A) penetration
B) skimming
C) everyday low
D) competitive

Correct Answer:

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