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

Question 45

Multiple Choice

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


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

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