Budget Wrench Co.sold its wrenches to a variety of retail outlets at $1 each.Sleazy Hardware purchased a large quantity of the wrenches and used them over a six-month period as a special advertised sale item,priced at 25 cents each.Budget Wrench Co.requested Sleazy Hardware to stop selling its wrenches as a "special" sale item,but Sleazy Hardware refused to do so.
-Sleazy Hardware was selling the wrenches as a "loss leader."

Question

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Selling the wrenches at 25 cents, when they were purchased for $1 each, means that Sleazy Hardware was selling them at a loss in order to attract customers and hopefully make up the loss through the sale of other items. This strategy is commonly known as a "loss leader."