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A Hardware Store Advertises a 3/8" Black and Decker Power

question 274

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A hardware store advertises a 3/8" Black and Decker Power Drill for $29.95.You enter the store intending to purchase the drill.The salesperson informs you that they are all sold out.She tells you that the "sale" drills were factory seconds and that if you are going to be doing any kind of serious woodworking, you should buy the Model 3309, which sells for $49.99.This scenario has elements of which type of deceptive pricing?


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Religious Groups

Communities formed around shared beliefs and practices concerning the sacred, divine, or supernatural.

Sociologists

Experts in sociology who study the development, structure, and functioning of human society and social problems.

Categories

Classifications or groups into which objects, ideas, or entities are organized based on shared characteristics or attributes.

Market Model

A theoretical construct representing the interactions between buyers and sellers in a market to determine prices and the distribution of goods and services.

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