Question: Loss - leader pricing refers to a pricing method where the price the seller charges is below the actual cost to make the product. setting

Loss

-

leader pricing refers to

a pricing method where the price the seller charges is below the actual cost to make the product.

setting a low initial price and gradually but consistently increasing that price so as not to antagonize the consumer.

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.

a method of pricing based on a product's tradition, standardized channel of distribution, or other competitive factors.

Loss-leader pricing refers to a pricing method where the price the

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