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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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Explain what happens to supply, price, and quantity when the following condition occur: a) A new technology is developed to pick
Julli [10]

Answer:

Consider the following explanation

Explanation:

A) Production of peaches will increase, Thus supply will increase and price will reduce and quantity of peaches will increase

B) The price of furniture will fall, The supply of furniture will increase and quantity of furniture will increase

C) The supply of money will increase, The cost of borrowing will go down, The quantity of money loaned from bank increases

D) The supply of rubber will increase, The price will increase, The quantity demanded will rapidly decrease.

E) Supply will remain the same, The price will increase and quantity demanded will decrease.

5 0
3 years ago
Which of the following is the primary reason firms use competitive marketing​ intelligence? A. To assess and respond to a​ compe
Margarita [4]

Answer: Option B

Explanation: Competitive intelligence refers to the study of different factors of the business environment by the organisation for helping the senior management to make strategic decision making.

This study analyzes the factors that directly affects the organisation. The channel of distribution of the competitor can be used to understand their strategy for making their market. An organisation could use this information by improving their channel and gaining a competitive advantage.

Hence from the above we can conclude that the correct option is B

8 0
3 years ago
Veronica offers to sell Rowena her luxury sedan and says that it has never been in an accident. Rowena hires Laszlo, a mechanic,
PilotLPTM [1.2K]

Answer:

not rescind the contract

Explanation:

According to the given situation, Veronica offers to Rowena to purchase his luxurious sedan by saying that it has been into an accident. After that Rowena hires Laszlo who is a mechanic to repair the sedan. Here Laszlo told Rowena that this sedan is mostly into an accident, after knowing these details Rowena is decided to purchase a car. After some time, Rowena faces a mechanical problem, here she can not break the contract as she already knew that car is have been into an accident mostly.

Therefore, the right answer is she cannot rescind the contract.

4 0
3 years ago
Adrienne had contracted to convey real estate to rich. however adrienne died before the conveyance is completed. what is the sta
kondaur [170]
If he chose to, Rich can enforce the contract against Adrienne's estate. This is because, sickness or death of a promisor is not an avenue or excuse for non-performance in contracts such as this, which  can easily be delegated to another person for performance. 
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3 years ago
When is it acceptable to run a warehouse
madam [21]
There is no time when running in the warehouse
8 0
4 years ago
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