Which of the Following Are Generally Illegal in Canada

question 39

Multiple Choice

Which of the following are generally illegal in Canada?
I. Price discrimination
II. Predatory pricing
III. Price gouging

• A) I and II
• B) I and III
• C) II and III
• D) I, II, and III

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Definitions:

Markup

The amount added to the cost of goods to cover overhead and profit, usually expressed as a percentage of the cost.

Discontinued Inventory

Discontinued inventory includes products that are no longer being produced or sold by a company, often due to obsolescence or strategy shifts.

Gross Profit Margin

A profitability metric that shows the percentage of revenue that exceeds the cost of goods sold, indicating the efficiency in producing goods.