The office supply store was selling two-drawer file cabinets for $20,which is a below-market price,to lure customers into the store in hopes that while they are in the store to buy a file cabinet,they will also buy other items that have a much higher markup.The office supply store is utilizing:

Question

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The office supply store is using leader pricing, which involves offering a few products at a very low price in order to attract customers who will then buy other items with higher profit margins. This is a common tactic in retail and is designed to drive traffic to the store and increase overall sales.

The Office Supply Store Was Selling Two-Drawer File Cabinets for $20,which