Pricing below cost can be profitable in the long term.

Name: Pricing below cost can be profitable in the long term.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

Pricing below cost in the short term can attract more customers and increase market share. This can lead to economies of scale and cost savings in the long term, which can ultimately result in profitability. This strategy is commonly used by businesses to gain a competitive advantage and increase their customer base.

Pricing Below Cost Can Be Profitable in the Long Term