Solved

Businesses in the U

Question 60

Multiple Choice

Businesses in the U.S. often compete on price, and competition can be very tough beyond pricing. Competing on price is an accepted practice in the marketplace and under the law. What is the name of the practice that goes beyond fair competition to drive another business out of the market by dropping prices to an extremely low level with the intention of destroying another business?


A) Loss-leader pricing
B) Domestic dumping
C) Predatory pricing
D) Monopolistic pricing

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions