Predatory Pricing

question 30

Multiple Choice

Predatory pricing

• A)occurs when a business deliberately prices below its costs in an effort to drive out competitors.
• B)occurs when a business unintentionally prices below its costs which results in driving out competitors.
• C)is legal in all 50 States.
• D)is generally accepted in the United States.

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Definitions:

Volunteers

Individuals who offer their time and skills without the expectation of monetary compensation to support various causes or organizations.

Demographic Variables

Characteristics of populations, such as age, race, gender, income, and education, used in research and marketing to segment and analyze populations.

Age

A demographic factor referring to the length of time that an individual or entity has been alive or in existence, often considered in marketing, social studies, and human resource management.

Income

The monetary payment received for goods or services, or from other sources, as rents or investments.