Low prices are not considered predatory if:
A) They can be justified by cost differences
B) They are collusive
C) Customers do not complain about them
D) Price elasticity of demand is above 1.00

Question

Quizplus · Accepted Answer

Low prices are not considered predatory if they can be justified by cost differences, such as lower production costs, economies of scale, or efficiency gains. This ensures that low prices are not a result of anti-competitive behavior. The other options (B, C, D) do not determine whether or not low prices are predatory.

Low Prices Are Not Considered Predatory If