To Prevent Its Competitors from Obtaining Sufficient Supplies to Make

question 47

Multiple Choice

To prevent its competitors from obtaining sufficient supplies to make their products, Continental Steel, Inc., uses its market power to increase the prices of those supplies. This is​

• A) ​price discrimination.
• B) ​business judgment.
• C) ​predatory bidding.
• D) ​predatory pricing.

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Definitions:

Old Automobile

An old automobile refers to a car that has aged significantly, often considered to be a classic or vintage vehicle based on its historical value or date of manufacture.

Copyright Infringement

The unauthorized use of copyrighted material in a way that violates one of the copyright owner's exclusive rights.

Damages

Monetary compensation awarded by a court to the plaintiff for losses or injuries suffered due to the defendant's actions.

Registered

The status of being officially recorded and recognized, often referring to documents, organizations, or trademarks.