hardware store advertises a ⅜" Black and Decker Power Drill for $29.95.You enter the store intending to purchase the drill.The salesperson informs you that they are all sold out.She tells you that the "sale" drills were factory seconds and that if you are going to be doing any kind of serious woodworking,you should buy the Model 3309,which sells for $49.99.This scenario has elements of which type of deceptive pricing?

Question

Quizplus · Accepted Answer

This scenario has elements of bait and switch pricing because the store initially advertised a lower-priced item but then tried to convince the customer to purchase a more expensive item by claiming that the advertised item was sold out or defective.

Hardware Store Advertises a ⅜" Black and Decker Power Drill