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zimovet [89]
3 years ago
13

_______is the practice whereby a foreign producer intentionally sells its products in the United States for less than the cost o

f production to undermine the competition and take control of the market
Business
1 answer:
Sonja [21]3 years ago
4 0

Predatory Pricing is the practice whereby a foreign producer intentionally sells its products in the United States for less than the cost of production to undermine the competition and take control of the market.

<h3><u>Explanation:</u></h3>

hen there is a situation in the market whereby the products are sold at a cost very low than the cost of other suppliers refers to the predatory pricing. When predatory pricing is practiced then the suppliers with lower price will alone survive in the market making all the other suppliers to forcefully leave the market.

This kind of act is illegal. This is because predatory pricing will eradicate the competition. The main aim of this type of pricing is to eliminate the small business from the market. In the given scenario, a foreign producer is selling its products intentionally at lower price in U.S for the lower cost than the cost of production and takes the market to its control which is an example of Predatory Pricing.

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Answer:

Fixed manufacturing cost allocated to inventory= $9,000

Explanation:

Giving the following information:

Units in beginning inventory 0

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First, we need to calculate the unitary fixed manufacturing cost:

unitary fixed manufacturing cost= 63,000/280= $225

Fixed manufacturing cost allocated to inventory= 40*225=$9,000

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4 years ago
Randall Company manufactures chocolate bars. The following were among Randall's manufacturing costs during the current year: Wag
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8 0
3 years ago
Which of the following statements is CORRECT?
Shtirlitz [24]

"D" is the CORRECT and the most appropriate option our of all the options

Explanation:

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Answer:

c. avoid sending texts in public areas such as performance venues, restaurants, and meetings

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