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QUESTION IMAGE

a swindle in which additional repairs are urged when an advertised repa…

Question

a swindle in which additional repairs are urged when an advertised repair job is performed is called ___
choose
bait and switch
fake sales
low - balling
bundling
pyramid schemes
ponzi scheme
subliminal advertising
pigeon drop
price fixing
monopoly

Explanation:

Brief Explanations
  • Bait and Switch: This is a deceptive practice where a business advertises a product or service (the "bait") at an attractive price or with appealing features. Once the customer is interested and comes to avail the advertised offer, the business tries to switch them to a more expensive product or service (additional repairs in this case).
  • Fake Sales: Usually refers to reporting non - existent sales, not related to the scenario of additional repairs during a job.
  • Low - Balling: Involves offering a product or service at a very low price initially, but then there may be hidden costs. However, it is more about the initial price offer rather than the switch to additional repairs during a job.
  • Bundling: Is about selling multiple products or services together as a package.
  • Pyramid Schemes: Focus on recruitment of distributors and earnings based on recruitment rather than the actual product or service repair.
  • Ponzi Scheme: Relies on using new investors' money to pay off old investors, not relevant here.
  • Subliminal Advertising: Uses hidden messages in advertising, not related to repair jobs.
  • Pigeon Drop: A confidence trick where a victim is led to believe they have found money, not relevant.
  • Price Fixing: Agreements among competitors to set prices, not relevant.
  • Monopoly: A market structure with a single seller, not relevant.

Answer:

Bait and Switch