Answer:
a.) coolaire is engaged in predatory pricing
Explanation:
Predatory pricing is setting the price of a good or service very low with the motive of sending competitors out of the market or preventing new competitors from entering the market or gaining new customers.
Coolaire cuts its price below its cost of production when Chillbox entered the market most likely with the intent to chase Chillbox out of the market. This is predatory pricing.
Answer:
b
Explanation:
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Answer:
The correct answer to the given question is Relevant range.
Explanation:
Relevant range , in accounting , can be defined as that amount of activity or range of volume where company's fixed expenses would not differ as the volume of activity changes. This term has relevance with the fixed cost, as if a company's volume decreases then company would try to decrease their fixed cost and similarly if the volume increases the company's fixed expenses would also increase.
In economic terms, marginal is another word for: C. additional
Let's say that you need to consume 2 hamburgers to be fully satisfied. The marginal cost refer to the additional cost that you need to pay to acquire the second hamburgers
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