What Is the Name of the Unlawful Practice of Using

question 1

Multiple Choice

What is the name of the unlawful practice of using a headline price in advertisements,but when all the additional fees or charges are added,the real price is much higher?

• A) pyramid selling
• B) unattainable pricing
• C) tied selling
• D) drip pricing

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Definitions:

Corrective Taxes

Taxes implemented to correct the market outcomes that are not efficient by internalizing external costs, often used in environmental policy to address pollution.

Regulations

Standards and rules formulated by governmental or nongovernmental organizations to govern conduct within certain spheres of activity.

Pollution Permits

Marketable permits allowing holders to emit a certain amount of pollution, used as a regulatory tool to control environmental impacts.

Corrective Tax

A tax designed to induce private decision-makers to take account of the social costs that arise from a negative externality.