misskriss6797 misskriss6797

03-12-2019
Business

contestada

When a firm offers a very low price on a product to attract customers to a store, and once in the store, the customer is persuaded to purchase a higher-priced item, the practice is referred to as:________

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ekeneizuka ekeneizuka

03-12-2019

Answer: Bait pricing

Explanation: Bait pricing also known as bait and switch pricing is a pricing method which deceive customers by luring them into a business shop with low prices and increasing the price once the customers come in.

It is the best pricing method that describes the question.

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