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lesya692 [45]
4 years ago
8

When Lofonift Inc introduced its flagship product, an MP3 player, it captured the MP3 player market by offering its product at t

he lowest price in the market. This gradually forced many of its competitors out of business. Once its competitors were out of business, Lofonift Inc raised its prices. In this scenario, Lofonift Inc most likely indulged in _____.​
A) ​Predatory pricing
B) ​Price discrimination
C) ​Status quo pricing
D) ​Price fixing
Business
1 answer:
tatuchka [14]4 years ago
8 0

Answer:

A) Predatory pricing

Explanation:

Predatory pricing consists in first: setting a very low price for the product, so that customers are gained, and competitors are driven out of the market, and second, once competitors are no longer in the market, raising the pricing to a more profitable level.

Predatory pricing is illegal in many countries, for example, in Germany, because it is considered an unfair form of competition.

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1 year ago
In what form do households receive income from labor within a resource market?
bazaltina [42]
They receive income by wages
6 0
3 years ago
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Which is an example of a cultural block
nydimaria [60]

Cultural blocks are a hard aspect to protect against, when they occur, but can be avoided. Simply, like all other block, ask a series of questions to aid in the simple understanding of how other people will see the design, or whatever. Never think that what you think is always the only necessary vetting device.

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3 0
3 years ago
In the context of key economic considerations when entering a foreign market, the transportation infrastructure in a country mos
shepuryov [24]

Answer:

The correct answer is letter "D": roads.

Explanation:

Depending on the industry of a company conducting operations in a foreign market, such as mining, the firm is likely to need to construct <em>roads </em>to create communication means between the area where the company is to operate and where the products manufactured are going to be traded.  

<em>Foreign investment involves large amounts of money that is why some companies prefer other methods to have a presence in other countries such as franchising or licensing.</em>

6 0
3 years ago
The type of appeal used to suggest to the consumer that he or she can avoid some negative experience through the purchase and us
Taya2010 [7]

Answer:

e. fear appeal

Explanation:

Fear appeal -

It refers to the strategy to influence people to buys a product and give contribution for the cause , is known as fear appeal.

It is also known as fear appraisal .

The consumer buys the product from the fear of the outcomes of not buying the product.

Hence, from the given scenario of the question, the correct term from the given options of the question is fear appeal.

8 0
4 years ago
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