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What is perdatory pricing?
Predatory means "in the manner of a predator." Predatory pricing is designed to drive competitors out of business by pricing so low that the competition can't compete.
What did the government claim Microsoft to illegally extend its control over the market?
It had used predatory pricing to drive competitors out of business
What did the government claim Microsoft did to illegally extend it control over the market?
It had used predatory pricing to drive competitors out of business
What did the government claim Microsoft did to illegally extend its control over the market?
It had used predatory pricing to drive competitors out of business
What is the strategy behind selling a product below cost for a short period of time to drive competitors out of the market?
The strategy behind selling a product below cost for a short period of time is known as predatory pricing. This tactic is used to drive competitors out of the market by creating financial strain on them and ultimately gaining a larger market share once the competition is eliminated.
What us predatory pricing?
Predatory pricing is a competitive strategy where a company sets its prices extremely low, often below cost, to drive competitors out of the market or deter new entrants. The goal is to gain market share by creating a financial strain on rivals, ultimately allowing the predator to raise prices once competition is diminished. This practice is considered anti-competitive and is subject to legal scrutiny in many jurisdictions. However, proving predatory pricing can be complex, as it requires demonstrating both intent and the ability to recoup losses after competitors have exited the market.
Which theory has been accused of simply naming rather than explaining behaviors?
Drive-reduction theory...
What source will provide a car loan with an open chapter 13 bankruptcy?
prestige financial, geico financial, stay away fron drive financial
When must you have proof of financial responsibility?
Every time you drive
What if i have no car or car insurance?
It is illegal to drive without financial responsibility.
Why did the people drive Jesus out of the synagogue?
For His time, Jesus was politically incorrect. He angered many with His teachings and was accused of blasphemy, which was punishable by death.
Who is the government attempting to help by discouraging predatory pricing?
Ultimately, the government is trying to protect the consumer. Predatory pricing is used to drive a competitor out of a market, or keep a potential competitor from entering a market. If successful, the entity employing predatory pricing tactics can maintain a monopoly (or near monopoly) in a market and use the lack of competition to set prices anywhere it wants. The consumer, having no choice in a marketplace, is forced to pay whatever the entity chooses to charge.
