consider a market served by a monopolist, firm a. a new firm, firm b, enters the market and, as a result, firm a lowers its price to try to drive firm b out of the market. this practice is known as question 42 options: resale price maintenance. predatory tying. tying. predatory pricing.consider a market served by a monopolist, firm a. a new firm, firm b, enters the market and, as a result, firm a lowers its price to try to drive firm b out of the market. this practice is known as question 42 options: resale price maintenance. predatory tying. tying. predatory pricing.

A monopolist is an individual, group, or company that controls the request for a good or service. Monopolistic competition involves numerous enterprises contending against each other but dealing with products that are distinctive in some way. The competitive establishment faces an impeccably elastic( flat) demand wind because the establishment can vend the volume it wishes at the requested price.

Predatory pricing is a pricing strategy, using the system of undercutting on a larger scale, where a dominant establishment in an industry will designedly reduce the prices of a product or service to loss-making situations in the short term.

In utmost general terms, raptorial pricing is defined in profitable terms as a price reduction that's profitable only because of the added request power the predator earnings from eliminating, disciplining, or else inhibiting the competitive conduct of a rival or implicit rival.

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