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) price bundling
D) predatory pricing
E) loss-leader pricing

Question

Quizplus · Accepted Answer

Predatory pricing is a pricing strategy in which a company sets a low price for its products with the intention of driving its competition out of business. The company can then increase prices once its competition has been eliminated. This practice is illegal in many countries, as it harms competition in the market.

By Using ________, a Company Deliberately Sets a Low Price