What is being practised by firms or individuals that advertise products at bargain prices that are not available in reasonable quantities, with the intent to try to sell more expensive products instead?
A) bait and switch selling
B) predatory pricing
C) price discrimination
D) price fixing

Question

Quizplus · Accepted Answer

Bait and switch selling involves advertising products at an attractively low price, but intentionally not having enough of that product available. The goal is to lure customers into the store and try to sell them a more expensive product instead. This practice is considered deceptive and illegal in many jurisdictions. Predatory pricing refers to pricing products very low to drive competitors out of business, price discrimination involves charging different prices to different customers for the same product, and price fixing involves conspiring with competitors to set prices artificially high.

What Is Being Practised by Firms or Individuals That Advertise