Setting Prices Below Cost for the Purpose of Injuring Competitors

question 33

Multiple Choice

Setting prices below cost for the purpose of injuring competitors and eliminating competition is

• A)predatory pricing.
• B)target pricing.
• C)price discrimination.
• D)price gouging.

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Definitions:

Voluntary Benefit

Employee benefits optionally offered by employers that workers can choose to participate in, often at their own expense through payroll deductions.

Compensation Packages

A set of pay and benefits that employees receive for their work which may include salary, bonuses, health insurance, and retirement benefits.

Human Resource

An organizational function that deals with recruitment, management, and direction of people who work in an organization.

Severe Fines

Substantial monetary penalties imposed on individuals or organizations as punishment for breaches of contracts, laws, or regulations.