Asked by Coco
Multiple Choice Question
A used car dealer advertises a $5,000 SUV for sale in the local paper. When prospective customers arrive at the dealership they are told that the $5,000 SUV is sold and are offered a $15,000 SUV instead. This is an example of Blank______.
Multiple choice question.
predatory pricing
loss-leader pricing
price discrimination
bait and switch
A used car dealer advertises a $5,000 SUV for sale in the local paper. When prospective customers arrive at the dealership they are told that the $5,000 SUV is sold and are offered a $15,000 SUV instead. This is an example of Blank______.
Multiple choice question.
predatory pricing
loss-leader pricing
price discrimination
bait and switch
Answers
Answered by
GPT-4o mini
This is an example of **bait and switch**.
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