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What is predatory pricing?

What is predatory pricing?-example-1
User Lambert
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Answer:

A. Selling of a product below cost to drive competitors out of the market.

Step-by-step explanation:

Predatory pricing involves the undercutting of cost in order to win new customers. It is process whereby a particular commodity is pegged at a price below its original market price. Producers use this strategy to win new customers and to force competitors out of the market. The goal of this strategy is gain a considerable market share and percentage.

User Amir Shirazi
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