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.
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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.
I believe the answer is d. I hope it was right and I helped!
The first step is<span> defining the problem and research objectives.</span>
Answer:
Marketing exchange
Explanation:
A marketing exchange occurs whenever there is an interaction between two or more people to buy and sell goods or services. An exchange therefor occurs when an person or an organisation makes a decision to meet its need or want and he is ready to pay some money or offer commodities.
The marketing theory states that a utility ought to be derived from an exchange, an it is an indication that what you get from trade is more than you trade.
Answer:
D: "Track his expenses for a month"
Explanation:
If he ends up tracking his expenses for a month he'll know what to spend his money on and what not to. (Need or Want)
