Deceptive pricing refers to

Question

BlackTom AI · Accepted Answer

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. 
Option 2: 'firms conspiring to set prices for products.' This describes price fixing or collusion, which is illegal but not specifically deceptive pricing; it’s about collaboration among firms rather than misleading promotions to consumers. 
Option 3: 'controlling agreements that require sellers to not sell products below a minimum retail price.' This describes resale price maintenance, a form of restrictive pricing policy, not deception about price to consumers. 
Option 4: 'charging a very low price with the intent of driving competitors out of business.' This is predatory pricing, which aims to eliminate competition via below-cost pricing, not deceiving consumers about the price themselves. 
Option 5: 'charging different prices to different buyers for goods of like grade and quality.' This is price discrimination, where pricing varies by customer or market segment rather than deceiving consumers about a stated price. 
In summary, option 1 is the only choice that captures the essence of deceptive pricing—misleading consumers about price or value—while the other options describe distinct pricing practices that do not center on consumer deception.

MKT250002.2025FA Revised Quiz Chapters 11 - 14- Requires Respondus LockDown Browser

Deceptive pricing refers to

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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?

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MKT*2500*02.2025FA Revised Quiz Chapters 11 - 14- Requires Respondus LockDown Browser

Deceptive pricing refers to

查看解析

登录即可查看完整答案

类似问题

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

________ occurs when a seller states prices or price savings that mislead consumers or are not actually available to consumers.

Which of the following is not a form of deceptive or illegal pricing?

In a consumer society, many adults channel creativity into buying things

Economic stress and unpredictable times have resulted in a booming industry for self-help products

People born without creativity never can develop it

A product has a selling price of $20, a contribution margin ratio of 40% and fixed cost of $120,000. To make a profit of $30,000. The number of units that must be sold is: Type the number without $ and a comma. Eg: 20000

更多留学生实用工具

希望你的学习变得更简单

MKT250002.2025FA Revised Quiz Chapters 11 - 14- Requires Respondus LockDown Browser