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

Sagot :

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.

Read more about negotiated pricing:

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