Questions
MKT*2500*02.2025FA Revised Quiz Chapters 11 - 14- Requires Respondus LockDown Browser
Single choice
Deceptive pricing refers to
Options
A.price deals that mislead consumers.
B.firms conspiring to set prices for products.
C.controlling agreements that require sellers to not sell products below a minimum retail price.
D.charging a very low price with the intent of driving competitors out of business.
E.charging different prices to different buyers for goods of like grade and quality.
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Step-by-Step Analysis
The question asks: Deceptive pricing refers to what?
Option 1: 'price deals that mislead consumers.' This aligns with the core idea of deceptive pricing, where promotions or offers misrepresent the true cost or value, leading consumers to make purchases based on false impressions.
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Similar Questions
A national retail chain has signs throughout its stores that say: "Sale! 50% off our regular price!" Journalists investigate and discover that the company has never sold any merchandise at what it calls its regular price. What type of activity is this firm engaging in?
A reference price might be considered deceptive if
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