Multiple Choice
Cashtown Used Cars aired a radio spot announcing,"Today only,previously owned cars are only $200!" Meghan just wanted some kind of in-town transportation.When she went to Cashtown,the salesperson said,"We have only one $200 car left,and it's not the kind of car I'd want my wife to drive.However,we do have some great deals on newer models." Meghan went home with an $8,000 used car.Cashtown is probably practicing:
A) decoy pricing
B) deal pricing
C) functional pricing
D) bait pricing
E) price pressuring
Correct Answer:
Verified
Correct Answer:
Verified
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