In Canada,the Difference Between Predatory Pricing and Competitive Pricing Is

question 66

Multiple Choice

In Canada,the difference between predatory pricing and competitive pricing is that

• A) predatory pricing is always higher than competitive pricing.
• B) predatory pricing adheres to the cost-benefit principle where competitive pricing does not.
• C) predatory pricing is usually legal and competitive pricing is usually not.
• D) competitive pricing is usually legal and predatory pricing is usually not.
• E) most firms in Canada use competitive pricing,whereas firms in the U.S.tend to use predatory pricing.

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Definitions:

Mobiles

Portable electronic devices with connectivity capabilities, such as smartphones and tablets, used for communication and information access.

Welfare Benefits

Government-provided support to individuals or families, especially those with low incomes, in the form of financial aid or services.

Gross Private Domestic Investment

The total capital investment in an economy by private sector entities, excluding government spending.

Durable Goods

Goods not for immediate consumption that can be used over a period of time, such as appliances, cars, and furniture.