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, but 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. What is Cashtown probably practising?
A) decoy pricing
B) deal pricing
C) functional pricing
D) bait pricing
Correct Answer:
Verified
Correct Answer:
Verified
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