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A Retail Store Advertises an SLR Digital Camera for $350

Question 179

Multiple Choice

A retail store advertises an SLR digital camera for $350. Once bargain hunters come to the store, salespeople point out the disadvantages of the low-priced camera and try to convince them to trade up to a better, and more expensive, unit. This is an example of


A) price following.
B) bait pricing.
C) odd-even pricing.
D) low pricing.
E) everyday low pricing.

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