When DaimlerChrysler Introduced the PT Cruiser, Demand Was So Strong

question 74

Short Answer

When DaimlerChrysler introduced the PT Cruiser, demand was so strong that some dealers would sell one only if the customer was willing to pay several thousand dollars over the sticker price. This is an example of
effective business practice.
price gouging.
collusion.
profit maximization.
price lining.

---

Definitions:

Neuroadaptation

The process by which the brain adapts to changes in its environment, often in response to the repeated use of substances, leading to dependence or tolerance.

Process Addiction

A type of addiction characterized by compulsive engagement in rewarding non-substance-related behavior despite adverse consequences.

Spirituality

A broad concept that encompasses a sense of connection to something bigger than oneself, which can involve religious beliefs, personal values, and practices.

Workaholism

An uncontrollable need to work incessantly, often at the expense of personal health and social relationships.