Predatory Pricing Refers to

question 334

Multiple Choice

Predatory pricing refers to

• A)the practice of charging a very low price for a product with the intent of driving competitors out of business.
• B)a conspiracy among firms to set prices for a product.
• C)using price differentials when charging different prices on the basis of race, religion, or ethnic affiliation.
• D)using price differentials when charging the original price for refurbished goods that have been damaged or used and returned but repaired according to company specifications.
• E)controlling agreements between independent buyers and sellers whereby sellers are required to not sell products below a minimum retail price.

---

Definitions:

Depth Perception

The visual ability to perceive the world in three dimensions and to judge the distance of objects.

Visual Cues

Elements in the environment that provide visual information to aid perception and understanding.

Monocular Cues

Refers to the visual information that allows for depth perception and the sense of three-dimensionality from a single eye.

Binocular Cues

Visual information taken in by two eyes that enable a sense of depth perception, such as stereopsis, convergence, and parallax.