Question

Raju purchased more apples due to fall in price of apples

Answer 1

Raju purchased more apples due to fall in price of apples, this pricing is known as predatory pricing.

Explanation:

• Pricing affects several aspects of your business, including the amount of sales you receive, the profits you earn, and even how your brand is regarded.
• Decreasing prices to remove competition, only to raise prices once the competition has been eliminated.
• This is known as predatory pricing, and it can result in legal ramifications if it is deemed to be a violation of antitrust laws.
• In order to entice buyers, they sell a certain item or goods at a loss.