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When DaimlerChrysler Introduced the PT Cruiser, Demand Was So Strong

Question 29

Short Answer

When DaimlerChrysler introduced the PT Cruiser, demand was so strong that some dealers would sell one only if the customer was willing to pay several thousand dollars over the sticker price. This is an example of
effective business practice.
price gouging.
collusion.
profit maximization.
price lining.

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