_____ is described as setting the price for an item relatively low and then charging much higher prices for the expendables it uses.

Question

Quizplus · Accepted Answer

Captive pricing is described as setting the price for an item relatively low and then charging much higher prices for the expendables it uses. This is often seen in industries such as printers and razors, where the cost of the printer or razor is low, but the cost of replacement ink or blades is much higher.

_____ Is Described as Setting the Price for an Item