Predatory pricing is the selling of goods above real cost, to lower prices in the end.

Name: Predatory pricing is the selling of goods above real cost, to lower prices in the end.
Brand: Quizplus
Rating: 4.7 (53 reviews)

Question

Quizplus · Accepted Answer

Predatory pricing is the selling of goods at below real cost, in order to drive out competition and gain market share. By selling at such low prices, the predatory firm aims to drive its competitors out of the market, after which it can raise prices and enjoy a monopoly position.

Predatory Pricing Is the Selling of Goods Above Real Cost