When Jackson needed new tires for his truck, he looked through the newspaper to see if any of the big tire dealers had sales going on. He was happy to see that one tire center was advertising the kind of tires he needed at a great price, but when got to the store, he found that those tires has sold out instantly, and the ones in stock were a lot more expensive. Which aspect of pricing regulation did he MOST likely encounter?

(1 point)
Responses

price discrimination

price discrimination

deceptive pricing

deceptive pricing

predatory pricing

predatory pricing

price fixing

price fixing

1 answer

The aspect of pricing regulation that Jackson MOST likely encountered is deceptive pricing. This is because he was attracted to the advertised great price for the tires, but upon arrival, he found that the advertised tires were sold out and only more expensive options were available, which can be considered misleading or deceptive marketing.