________ pricing is the use of price as a competitive weapon to drive weaker competitors out of a national market.
A) Multipoint
B) Value-based
C) Experience curve
D) Predatory

Question

Quizplus · Accepted Answer

Once the competitors have left the market, the firm can raise prices and enjoy high profits. For such a pricing strategy to work, the firm must normally have a profitable position in another national market, which it can use to subsidize aggressive pricing in the market it is trying to monopolize.

________ Pricing Is the Use of Price as a Competitive