Predatory pricing occurs when a firm sells

A) above cost to any customers who have no good alternative.
B) above cost to low-income customers who have no good alternative.
C) at whatever prices the market will bear.
D) below cost in order to eliminate competitors.
E) only to customers who agree to rebate a portion of the price.

D

Economics

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If the basket of goods and services used to calculate the CPI cost $200 in the reference base period and $450 in a later year, the CPI for the latter year equals

A) 200. B) 225. C) 325. D) 450.

Economics

Bond prices and bond yields have a(n) ______________ relationship.

A. direct B. inverse C. independent D. positive

Economics