Captive product pricing represents an unfair pricing practice that has been recently outlawed by the Trade Practices Commission.

Question

Quizplus · Accepted Answer

Captive product pricing is a legitimate pricing strategy used by companies where a product that requires a complementary good is sold at a lower price, while the complementary good is sold at a higher margin. It is not inherently unfair or outlawed, but rather a common practice in various industries.

Captive Product Pricing Represents an Unfair Pricing Practice That Has