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 106 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
:D TYSM

fatboyy09

  • Member
  • Posts: 358
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Areas of Referred Pain, Anterior View Areas of Referred Pain, Anterior View
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
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
Sites of referred pain Sites of referred pain
How gene drive alleles can spread through populations How gene drive alleles can spread through populations
Video: Rh blood type and complications during pregnancy & Fertilization

For a complete list of videos, visit our video library