Kyla goes to a car dealership to purchase a new Honda Accord.She is not willing to pay the listed sticker price for the car,and she instead works with the salesperson and manager until a mutually satisfactory price is agreed upon.This is an example of ____ pricing.
A) differential
B) comprised
C) negotiated
D) reference
E) secondary

Question

Quizplus · Accepted Answer

The situation where Kyla negotiates the price with the salesperson and manager until a mutually satisfactory price is agreed upon is an example of negotiated pricing. This is because Kyla has negotiated a price, which is generally based on the buyer's bargaining power and the seller's ability to provide a price concession. The other options, such as differential pricing, comprised pricing, reference pricing, and secondary pricing, do not accurately describe the situation presented.

Kyla Goes to a Car Dealership to Purchase a New