Bait-and-switch pricing involves selling products below cost to attract customers to the store.

Name: Bait-and-switch pricing involves selling products below cost to attract customers to the store.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Bait-and-switch pricing is a tactic where a seller advertises a product at a low price to attract customers, but then tries to sell them a more expensive item once they are in the store, rather than selling the advertised product below cost.

Bait-And-Switch Pricing Involves Selling Products Below Cost to Attract Customers