Which of the following scenarios is an example of predatory pricing?
◦ Ceramic Corp sells its products below average total costs during off-peak seasons.
◦ Almeida flowers has arrived at an informal agreement with other sellers in the area to charge a very high selling price.
◦ Anton Inc., sells its products for $25 in the U.S, however it can sell the same product for double the price in its home country.
◦ Duyen Inc., is launching a new product and has decided to sell its product below its average variable costs until it drives competitors out of market.