In Australia,which Type of Pricing Behaviour from the Following Options

question 43

Multiple Choice

In Australia,which type of pricing behaviour from the following options is illegal?

• A) All of these options are illegal in Australia.
• B) Where two or more entities conspire to set prices above a competitive price.
• C) Setting different prices for different customers.
• D) Deliberately setting low prices to drive out market competition then raising prices once the competition is removed.

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Definitions:

Service Revenue

Income earned by a company for services provided to customers or clients.

Credit Side

Refers to the right side of a ledger account and is where increases in liabilities, equity, and revenue are recorded.

Total Liabilities

The total amount of obligations owed by a company to third parties, including loans, accounts payable, mortgages, and other debts.

Debt Ratio

A financial ratio that compares a company's total debt to its total assets, indicating the degree of leverage and financial risk.