In the movie Legally Blonde,a sales associate at an exclusive boutique store attempts to convince the main character to pay full price for a dress that was on the clearance rack because the salesperson incorrectly believes that the buyer is uninformed about the quality of the product and has an inelastic demand (she has a function to attend that same evening) .In this case,the salesperson is attempting to practice perfect
A) sales tactics.
B) competition.
C) product management.
D) price discrimination.
E) producer surplus.
Correct Answer:
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