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Business Strategy MCQs

What is predatory pricing?

Selling at a competive price based on the industry standard

Selling at a higher price for discriminatory reasons

Selling a product at a very low or unsustainable price in order to drive competitors out of business

Selling a product at a very high price in order to take advantage of a situation

Answer

Correct Answer: Selling a product at a very low or unsustainable price in order to drive competitors out of business

Explanation:

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