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IRISSAK [1]
3 years ago
15

A major airline sells an aggressively low priced ticket compared to a new low-fare airline, which is trying to enter the market.

The airline may be accused of engaging in the unethical practice of A.predatory pricing.B. price fixing.C. leader pricing.D. price skimming.E. deceptive reference prices.
Business
2 answers:
ankoles [38]3 years ago
8 0

Answer:

The correct option is is A, predatory pricing

Explanation:

Predatory pricing is an illegal approach to pricing where a firm fixes a very low price in order to send competitors out  of business.

This is very applicable to a firm that has economies of scale where its cost per unit reduces as more and more units are produced, making it possible to undercut competitors without feeling much impact in profitability.

This approach is against the anti-trust law as it paves for a monopoly market,where only one firm operating in the market determines the price which is not likely to be favorable to consumers

beks73 [17]3 years ago
6 0

Answer: Predatory pricing (A)

Explanation:

Predatory pricing, also called undercutting, is a pricing strategy whereby a company prices a good or service low in order to have new customers, create barriers to entry and drive intending competitors out of the market.

When the potential or current competitors cannot maintain lower or equal prices without running a loss, they leave the market which makes the predatory merchant have fewer competitors to contend with. Predatory pricing is illegal under certain laws.

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KengaRu [80]

Answer:

Gore is not required to make any accounting adjustments

Explanation:

Gore won't be required to make any accounting adjustments because the litigation loss is already $2,000,000 leading to him recording a liability in his account in which

$5 million in legitimate warranty claims were as well filed by his customers which is why he won't be making any further Accounting adjustment in 2021.

4 0
3 years ago
HELP PLEASE
siniylev [52]

Answer:

B

Explanation:

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6 0
2 years ago
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Imagine that in 2019 the economy is in long-run equilibrium. Then stock prices rise more than expected and stay high for some ti
V125BC [204]

In the short-run, the effect on the price level and the real GDP is <em>a. Both the </em><em>price level </em><em>and </em><em>real GDP </em><em>rise.</em>

Since the economy is in long-run equilibrium in 2019, and the stock prices unexpectedly rise and stay high for a long time, it means that the price level does not:

  • Rise while the real GDP falls
  • Fall while the real GDP rises
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<u>Question Options</u>:

a. both the price level and real GDP rise.

b. the price level rises and real GDP falls.

c. the price level falls and real GDP rises.

d. both the price level and real GDP fall.

Thus, in the short-term of this economy both the price level and real GDP rise.

Learn more: brainly.com/question/13029724

6 0
2 years ago
An insurance policy with a higher premium most likely has ...
dimaraw [331]

I believe the answer is: A. Lower deductible

In choosing insurance, the premium is the amount that you should pay to the insurance company in exhange for the coverage of their service. While the deductibles are the amount that you should pay each year before the insurance company start paying on your behalf.

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3 years ago
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valkas [14]

Answer:

the products than to customer needs.

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