This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When a firm prices its goods below the marginal cost to drive away competitors, it is referred as ... (Read 58 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
on: Jul 1, 2018
When a firm prices its goods below the marginal cost to drive away competitors, it is referred as
 
  A) price skimming.
  B) limit pricing.
  C) penetration pricing.
  D) predatory pricing.

Question 2

If the government wants to regulate a natural monopoly, it will force the firm to set price equal to
 
  A) average cost.
  B) marginal cost.
  C) marginal revenue.
  D) None of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JCABRERA33

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

A


Yolanda

  • Member
  • Posts: 757
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Gasoline prices Gasoline prices
Worldly Goods Worldly Goods
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Draw an Edgeworth box for two consumers over two goods Draw an Edgeworth box for two consumers over two goods
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Video: Condensation and Hydrolysis Animation

For a complete list of videos, visit our video library