Because Triangle supermarket implemented a high-low pricing strategy, you would be most likely to find:
A) price lining.
B) little promotion.
C) loss leaders.
D) psychological pricing.
E) prestige pricing.

Question

Quizplus · Accepted Answer

A high-low pricing strategy involves setting prices higher than competitors, but then significantly lowering them on a temporary basis to attract customers. Loss leaders are a common tactic in this strategy, where a product is sold at a loss to stimulate sales of more profitable products.

Because Triangle Supermarket Implemented a High-Low Pricing Strategy, You Would