What is the practice of deliberately setting prices below cost for a time to drive competitors out of the market called?

Correct answer A. Predatory pricing

Explanation

Predatory pricing temporarily sells below cost to harm or eliminate rivals, then raises prices once competition is weakened; it is illegal in many countries.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.