Predatory pricing is:
A.
an arrangement a manufacturer makes with a reseller to handle only its products and not those of a competitor.
B.
the practice of charging a very low price for a product with the intent of driving competitors out of business.
C.
the practice of charging different prices to different buyers for goods of like grade and quality.
D.
a conspiracy among firms to set prices for a product or service.
Answer: B
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Marketing
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