A Computer Store Advertises to Sell a Particular Model of Laptops

question 85

Multiple Choice

A computer store advertises to sell a particular model of laptops at a discounted price.When a customer approaches the store, he is informed that the discounted model is out of stock.The salesperson then tries to sell him a different model that is priced higher than the model for which he had come.This is an example of:

• A)predatory pricing.
• B)vertical price fixing.
• C)horizontal price fixing.
• D)price discrimination.
• E)bait and switch.

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Definitions:

Psychologists

Professionals who study mental processes and behavior by observing, interpreting, and recording how individuals relate to one another and their environments.

Academic Institutions

Organizations dedicated to education and research, which may include schools, colleges, and universities that offer a range of learning and teaching opportunities.

Mental Health Facilities

Institutions specialized in providing services and support for people with mental health issues, ranging from counseling to inpatient care.

Psychiatric Wards

Hospital divisions specifically designated for the care and treatment of individuals with mental health disorders.