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Lina20 [59]
4 years ago
13

In order to restrain the smaller competitors in the market, the company sells some of its products at very low prices. This is a

n example of ________ pricing.
Business
1 answer:
Aleks04 [339]4 years ago
5 0

Answer:

Predatory pricing.

Explanation:

Predatory pricing is a strategy that is used by firms to gain customers, create barrier of entry from a market, or to drive competition out of the market. The firm prices it's products very low so that competitors cannot afford to sell at the same price.

This results in competitors going out of business. The result of predatory pricing is that there are few firms left in the industry, or there is establishment of a monopoly.

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Which one of the following is not one of the four most common ways people can save money in banks?
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Fractional Reserves

Explanation:

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Because risk is associated with the potential for higher profits, businesspersons are motivated to choose organizational forms t
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Answer:

The correct answer is A. True.

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4 years ago
Crane Co. uses the gross method to record sales made on credit. On June 1, 2017, it made sales of $52,200 with terms 3/15, n/45.
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Answer:

Explanation:

Crane Co

June 1. Credit: Sales $52,200

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