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, an

Question

2 years ago

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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, an

d she instead works with the salesperson and manager until a mutually satisfactory price is agreed upon. This is an example of ____ pricing.

Business

1 answer:

mash [69] · Answer 1 · 2022-12-20T21:02:33+03:00

Because Kyla strives to reach a mutually satisfactory price with the dealer, this is an example of negotiated pricing.

Basically, the negotiated pricing implies when a price is agreed after series of bargaining for the supply of a goods or services by the buyer and seller.

The negotiated pricing ensures that both the Buyer and Seller are satisfied on the sales and purchase of the particular product.

Now, because Kyla strives to reach a mutually satisfactory price with the dealer, this is an example of negotiated pricing.