A Firm That Charges a Very Low Price Would Be

question 12

Multiple Choice

A firm that charges a very low price would be practicing predatory pricing if

• A)the price allowed only a small profit.
• B)the price would only be profitable if it succeeded in driving a rival out of the market.
• C)the price allowed profits that were positive but below those earned by other firms.
• D)it only offered the low price to its rivals' customers.

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Definitions:

Receiver

An individual or entity that is the target or recipient of a message, communication, or signal.

Intended Message

The specific information or emotion that a communicator aims to convey to the recipient.

Interpreted Meaning

The perceived or understood significance of a concept or message based on one's analysis or perspective.

Efficient Communication

The ability to convey messages or information clearly and effectively with minimal waste of time and resources.