Economics B A-Level
Predatory pricing
What Predatory pricing means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Predatory pricing
Check what you remember
Read the wording for your board, then hide it and explain Predatory pricing in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Setting prices deliberately below average variable cost to force competitors out of the market, which is illegal.
Topics that use Predatory pricing
- Competing on price (Pearson Edexcel A-Level)
Related terms
- Cost-plus pricing
- Market competition
- Price elasticity of demand
- Pricing strategies
- Product life cycle
- Penetration pricing
- Price skimming
Using Predatory pricing in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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