Which of the Following Is an Example of Limit Pricing

question 274

Multiple Choice

Which of the following is an example of limit pricing?

• A) In order to buy Microsoft Windows, you must also purchase Internet Explorer.
• B) Bus rides are cheaper for senior citizens than for other people.
• C) Prices are set low enough to drive other firms out of a market.
• D) Prices are set low enough to prevent other firms from entering the market.

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Definitions:

Carbon Monoxide

A colorless, odorless, and toxic gas produced by incomplete combustion of carbon-containing materials.

First Alert

A notification system or warning that is given as soon as an issue or emergency is detected, often used in safety and security contexts.

Disaster

A sudden event, such as an accident or a natural catastrophe, that causes great damage or loss of life.

Fear Appeals

A marketing strategy that uses elements of fear to motivate the audience to take a particular action, such as buying a product or changing behavior.