1

______ refers to setting the price for an item relatively low and then charging much higher prices for the expendables it uses.

Correct Answer: Captive pricing

Make the most of this question

This page focuses on one Entrepreneurship and Small Business Management question from Faculty. After checking the answer, return to the topic list to practice more or run a timed set.

Entrepreneurship and Small Business Management MCQ: ______ refers to setting the price for an item relatively low and then charging much higher prices for the expendables it uses. | Extra Education