________ pricing refers to selling below cost with the intention of punishing a competitor or gaining higher long-run profits by putting competitors out of business.
A) Oligopolistic
B) Captive
C) Dynamic
D) Zone
E) Predatory

Question

Quizplus · Accepted Answer

Predatory pricing refers to selling goods or services at below cost with the aim of forcing out competitors and gaining higher profits in the long run by monopolizing the market. The practice is illegal and considered anticompetitive under antitrust laws.

________ Pricing Refers to Selling Below Cost with the Intention