If a Telecommunications Company Drastically Cuts the Price for Cellular

question 121

Multiple Choice

If a telecommunications company drastically cuts the price for cellular phone service in order to eliminate local competitors,the company could be charged with

• A) loss-leader pricing.
• B) bait-and-switch pricing.
• C) price fixing.
• D) unfair slotting.
• E) predatory pricing.

---

Definitions:

Nongovernmental Organization

An independent organization not affiliated with any government, usually serving a social or environmental purpose.

Making Money

The process of earning a profit or revenue, typically through business activities, employment, or investments.

Nonprofit Organization

An entity that operates for a purpose other than to make profits for its owners, often focused on social, charitable, or community goals.

For-Profit Organization

An organization that operates with the main goal of making a profit, typically by selling goods or services.