________ refers to the use of price as a competitive weapon to drive weaker competitors out of a national market.
A) Multipoint pricing
B) Predatory pricing
C) Leader pricing
D) Price discrimination
E) Price skimming

Question

Quizplus · Accepted Answer

Predatory pricing is a pricing strategy in which a company sets its prices below cost in order to drive competitors out of the market.

________ Refers to the Use of Price as a Competitive