A Practice of Engaging in Price Discrimination in Different Markets

question 388

Multiple Choice

A practice of engaging in price discrimination in different markets in an attempt to undercut competitors is known as:

• A) predatory pricing
• B) the offense of meeting the competition
• C) retailer cartelization
• D) exclusive dealing
• E) none of the other choices

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Definitions:

Promotion

An advancement to a higher-level job with increased authority, responsibility, and pay.

Price

The amount of money expected, required, or given in exchange for something else, typically goods or services.