The fact a firm's pricing strategy in one market may have an impact on its rivals' pricing strategy in another market refers to:

Question

Quizplus · Accepted Answer

Multipoint pricing refers to a situation where a firm's pricing strategy in one market affects its rival's pricing strategy in another market. This is because the pricing strategy in one market affects the production and distribution costs, which in turn impact the pricing in other markets. Other options are incorrect as they refer to different concepts: 
A) Dumping refers to a situation where a firm sells its products at a lower price in a foreign market compared to the price charged in its home market
B) Predatory pricing refers to a strategy where a firm sets very low prices to drive competitors out of the market
C) Experience pricing refers to setting prices based on customers' past experiences 
E) Transfer pricing refers to the price charged by one unit of a company to another unit for goods or services transferred between them.

The Fact a Firm's Pricing Strategy in One Market May