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nexus9112 [7]
3 years ago
15

If a company has been found guilty of using _______________________________________, it means it reduced prices below cost in or

der to drive competitors out of the market, and then increased prices once competitors had left the market.
Business
1 answer:
lyudmila [28]3 years ago
8 0

Answer: Predatory pricing

                         

Explanation: In simple words, predatory pricing refers to the pricing strategy under which an organisation tries to create a certain level of monopoly by reducing their prices with the objective of demolishing competitors.

Such kind of pricing is generally seen in monopolistic competition where the products offered by competitors are close substitutes. Wall mart is one of the prime examples of an entity using such strategy.

   Firms practicing this strategy usually have strong funds and are capable of operating business for a specified period at lower profits.

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HELP 10 POINTS!!!!!!!!!!!! ONE QUESTION!!!!!!!
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Answer:

Gross profit is a required income statement entry that reflects total revenue minus cost of goods sold (COGS). Gross profit is a company's profit before operating expenses, interest payments and taxes. Gross profit is also known as gross margin

3 0
3 years ago
Deciding on the best means of transportation depends on ____.
mr Goodwill [35]

Answer:

all of the above

Explanation:

because it needs to be affordable safe and comfortable

8 0
3 years ago
Read 2 more answers
Loss is the value of the economic surplus that is forgone when a market is not allowed to adjust to its competitive equilibrium.
avanturin [10]

Answer:

True (Dead-weight loss )

Explanation:

When the market is not allowed to adjust towards the equilibrium the economics efficiency is lost. When the supply is excessive compared to demand some part of supply remains intact, which means that small of amount of supply does not contribute to economics and allocation efficiency and considered as a dead-weight loss. The supply is forgone because the market is not allowed to stabilise.

7 0
3 years ago
Suppose a technological improvement has lowered the cost of manufacturing cell phone batteries. This would lead to ___________ (
Julli [10]

Answer:

The correct answer is: an increase; fall; substitutes; decrease; complements; increase.

Explanation:

Technological improvement has lowered the cost of producing cell phone batteries. This reduction in the cost of production will cause the price of cell phone batteries to decline. Since batteries are used as inputs in the cell phone. The reduction in the price of inputs means that the cost of production would decrease. The firms will be able to supply more at the same cost. The supply, as a result, will increase. The supply curve will shift to the right. The price of cell phones will decline.

Cell phones and landlines are substitutes. They can be used in place of each other. A decrease in the price of cell phones would cause the demand for landlines to decrease as the consumers will prefer a cheaper substitute.

The cell phones and applications, however, are use complements. They are used together. So when the price of cell phones decrease and its demand increase, the demand for cell phone applications will increase as well.

6 0
3 years ago
A ______________________ is created each time the federal government spends more than it collects in taxes in a given year.
Vlad [161]

Answer:

Budget deficit / Fiscal deficit

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At the start of the year, every government prepares a budget e.g. all sources of revenue (direct taxes, indirect taxes, aids etc) and projected expenses are also mentioned (development of society, defense etc.).

When a government spends more than its revenue from taxes so it means that government is running a budget deficit or a fiscal deficit which are covered through fiscal measures by government e.g. increasing taxes or reducing public spending.

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3 years ago
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