Temporary price reductions intended to drive out competition are referred to as
A) Predatory pricing.
B) Price-fixing.
C) Price leadership.
D) Retaliation.

Name: Temporary price reductions intended to drive out competition are referred to as A) Predatory pricing. B) Price-fixing. C) Price leadership. D) Retaliation.
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Question

Quizplus · Accepted Answer

Predatory pricing involves intentionally lowering prices to push out competitors in the short term, which can ultimately lead to a monopoly situation in the long term.

Temporary Price Reductions Intended to Drive Out Competition Are Referred