Question:
It is a pricing strategy in which a product or service is set at a very low price with the intention of driving competitors out of the market or creating barriers to entry for potential Competitors.
It is a pricing strategy in which a product or service is set at a very low price with the intention of driving competitors out of the market or creating barriers to entry for potential Competitors.
Updated On: Jun 22, 2024
- Penetration Pricing
- Skimming Pricing
- Competition Oriented Pricing
- Predatory Pricing
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The Correct Option is D
Solution and Explanation
The correct option is (D): Predatory Pricing
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