A seller’s price is below an appropriate measure of casts. Moreover, the seller has a reasonable prospect of recovering the resulting loss in the future through higher prices or a greater market share. Accordingly, the seller has engaged in:
A. Collusive pricing.
B. Dumping.
C. Predatory pricing.
D. Price discrimination.
Answer:C
A seller’s price is below an appropriate measure of casts. Moreover, the seller has a reasonable prospect of recovering the resulting loss in the future through higher prices or a greater market share. Accordingly, the seller has engaged in:
A. Collusive pricing. B. Dumping. C. Predatory pricing. D. Price discrimination.