There is an overabundance of apartments in Toronto.Post Properties,the owner of the metropolitan area's largest apartment complexes,has reduced its rent so it can fill vacant apartments.Which of the following types of strategies did Post Properties use to create more demand for its apartments?

Question

Quizplus · Accepted Answer

Post Properties used a price strategy to reduce the rent and create more demand for its apartments. By lowering the price, they are hoping to attract more tenants and fill the vacant apartments.

There Is an Overabundance of Apartments in Toronto