Final answer:
The practice described is called bait-and-switch pricing, where clients are enticed with a low price and then faced with increased prices once they are dependent.
Step-by-step explanation:
The practice of enticing clients with a low price and then increasing prices once clients are dependent is called bait-and-switch pricing. This strategy is commonly used by businesses to attract customers with a tempting initial offer, only to change the terms or prices once the customer is committed.
For example, a store might advertise a sale on a popular item, encouraging customers to visit the store. However, when the customers arrive, they find that the item is sold out or only available at a higher price. This is a classic bait-and-switch tactic. Bait-and-switch pricing is considered deceptive and unethical, as it manipulates customers and undermines trust in the business. It is important for consumers to be aware of this practice and to research and compare prices before making a purchase.