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A Firm That Knowingly Quotes a Higher Original Price on a Product

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Short Answer

A firm that knowingly quotes a higher original price on a product to make the discount it offers on the product seem more substantial is engaged in ________ pricing.


Definitions:

Benzodiazepines

A class of psychoactive drugs used to treat conditions such as anxiety, insomnia, and seizures by enhancing the effect of the neurotransmitter GABA in the brain.

Stimulants

Substances that increase activity, attention, and alertness by speeding up the messaging between the brain and the body.

Compulsions

Repetitive behaviors (overt actions or cognitive acts) performed in response to an obsession, or according to certain rules or in a stereotyped manner.

Obsessions

Persistent and intrusive thoughts, urges, or images that cause significant anxiety or distress.

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