If a monopolist sets a low price to discourage potential competitors from entering the market, it is referred as
A) price skimming.
B) predatory pricing.
C) penetration pricing.
D) limit pricing.
D
Economics
You might also like to view...
Medicaid is an example of a cash assistance poverty program
a. True b. False Indicate whether the statement is true or false
Economics
When a country has flexible exchange rates the:
a. Reserves account must equal zero. b. Reserves account must be positive. c. Reserves account must be negative. d. Current account must equal minus the reserves account. e. Reserves account can be positive or negative.
Economics