Solved

Loss-Leader Pricing Refers to

Question 259

Multiple Choice

Loss-leader pricing refers to


A) a pricing method where the price the seller charges is below the actual cost to make the product.
B) setting a low initial price and gradually but consistently increasing that price so as not to antagonize the consumer.
C) deliberately selling a product below its customary price, not to increase sales, but to attract customers' attention in hopes that they will buy other products as well.
D) a method of pricing based on a product's tradition, standardized channel of distribution, or other competitive factors.
E) pricing a product between 8 and 10 percent lower than nationally branded competitive products.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions