The practice of first setting prices low with the intention of pushing competitors out of the market or keeping new competitors from entering the market, and then raising prices to normal levels is referred to as ________ pricing.
Fill in the blank(s) with the appropriate word(s).
predatory
Because a predatory pricing strategy could be considered an attempt to create a monopoly, it is illegal under U.S. law. However, predatory pricing is difficult to prove.
You might also like to view...
What was the amount of net cash provided by (used for) investing activities?
Connecticut, Inc. uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet:
Additional information provided by the company includes the following:
1. Equipment was purchased for $69,000 with cash.
2. Equipment with a cost of $33,000 and accumulated depreciation of $7300 was sold for $46,000.
A) $188,000
B) $23,000
C) $(188,000)
D) $(23,000)
All transactions that increase net assets affect income
Indicate whether the statement is true or false
A person being sued for the tort of conversion will have a complete defence where it can
be shown that he or she has acted innocently. Indicate whether the statement is true or false
The relevant cash outflows that occur only at the start of a project's life and included in the capital budgeting decisions are part of _____.
A. the initial investment outlay of the project B. the feasibility study cost of the project C. the sunk costs of the project D. the opportunity costs of the project E. externalities