By using ________, a company deliberately sets a low price with the intention of driving its competition out of business.
A) price-fixing
B) price lining
C) surge pricing
D) predatory pricing
E) loss leader pricing

Question

Quizplus · Accepted Answer

Predatory pricing is a strategy where a company sets unrealistically low prices for its products or services with the intention of driving its competitors out of the market. This could lead to a monopoly for the company, allowing it to later increase the price once competitors are eliminated.

By Using ________, a Company Deliberately Sets a Low Price