Given below are business practices related to pricing situations, Match the descriptions with the appropriate pricing term
-Intentionally selling products at prices that are lower than their costs to drive out competition.
A)Price discrimination
B)Peak-load pricing
C)Price gouging
D)Price fixing
E)Dumping
F)Predatory pricing

Question

Quizplus · Accepted Answer

Predatory pricing involves setting prices low with the intent to eliminate competition, after which prices may be increased.

Given Below Are Business Practices Related to Pricing Situations, Match