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, is referred to as

A. predatory pricing.
B. loss-leader pricing.
C. bundle pricing.
D. magnet pricing.
E. below-market pricing.


Answer: B

Business

You might also like to view...

An instrument which reads "For deposit only" is an example of a ________ indorsement.

A. restrictive B. blank C. qualified D. special

Business

What is a common size income statement? Explain how a common size income statement is useful to financial statement users.

What will be an ideal response?

Business

Under the Sarbanes-Oxley Act of 2002, it is a misdemeanor to knowingly execute a scheme to defraud any person in connection with any security of a publicly traded company

a. True b. False Indicate whether the statement is true or false

Business

Prior to passage of the Affordable Care Act, insurers could go back to the date a health insurance policy became effective and render the policy void due to a clerical error

This practice, which is prohibited under the Affordable Care Act except in cases of fraud or intentional misrepresentation of a material fact, is called A) estoppel. B) retention. C) rescission. D) reformation.

Business