The Practice of Charging a Very Low Price for a Product

question 2

Multiple Choice

The practice of charging a very low price for a product with the intent of driving competitors out of business or out of a market is called:

• A) price discrimination
• B) predatory pricing
• C) price fixing
• D) price manipulation
• E) anti-competitive pricing

Understand the application and benefits of on-the-job training and apprenticeships.

Appreciate the necessity of management support for successful training implementation.

Know the features and benefits of using learning management systems for training.

Understand the concept of mean and how it is calculated for a dataset.

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Definitions:

Straight-line Amortization

A method of evenly spreading the cost of an intangible asset over its useful life for accounting and tax purposes.

Unamortized Premium

The portion of the premium paid over the par value of bonds that has not yet been amortized or written off over the life of the bond.

Bonds Payable

A liability account that records the amounts a company owes to bondholders by the bond's maturity date.

Carrying Amount

The value of an asset or liability according to a company's balance sheet, factoring in depreciation or amortization.