Predatory Pricing Refers to

Multiple Choice

Predatory pricing refers to

A) a conspiracy among firms to set prices for a product.
B) using price differentials when charging different prices on the basis of race, religion, or ethnic affiliation.
C) the practice of changing a very low price for a product with the intent of driving competitors out of business.
D) using price differentials when charging the original price for goods that have been damaged but repaired according to company specifications.
E) controlling agreements between independent buyers and sellers whereby sellers are required to not sell products below a minimum retail price.