The Crusher Corp charges very low prices to drive its only competitor out of business. This is an example of ________ pricing
A) demand-based
B) brand
C) predatory
D) penetration
E) loss leader
C
Explanation: C) In some extreme cases, monopolies may have captured their markets through predatory pricing, the practice of charging very low prices with the intent to destroy the competition.
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Indicate whether each of the following statements is true or false.Volume measures include number of labor hours, quantity of direct materials used, and number of units sold. A variable overhead cost should be allocated to cost objects using a volume measure as the allocation base. A causal relationship exists between a fixed overhead cost and the volume of production. The allocation base used by a manufacturer to allocate overhead costs may affect the apparent profitability of the various products the company makes. Fixed indirect costs are often allocated using arbitrary allocation bases.
What will be an ideal response?
Among those who share their brand experiences through social media, more than half said they do so to receive discounts.
Answer the following statement true (T) or false (F)
The shape of the diffusion of innovation curve is described as
A. negative. B. variant. C. positive. D. convex. E. bell-shaped.
Essen Corporation buys from Fallow Farms, Inc., a rice crop that Fallow plans to plant and harvest during the next growing season. Essen plans to sell the rice to Gourmet Grocery Stores. After the rice is planted, but before it is harvested, an insurable interest in the rice exists in
A. Essen and Fallow, but not Gourmet Grocery. B. Essen, Fallow, and Gourmet Grocery. C. Essen only. D. Fallow only.