Predatory pricing
A)occurs when a business deliberately prices below its costs in an effort to drive out competitors.
B)occurs when a business unintentionally prices below its costs which results in driving out competitors.
C)is legal in all 50 States.
D)is generally accepted in the United States.

Question

Quizplus · Accepted Answer

Predatory pricing is a pricing strategy where a business deliberately sets prices below its costs to drive out competitors. It is considered an illegal practice in the United States under antitrust laws. It is not legal in all 50 states and is not generally accepted.

Predatory Pricing