Brandiing is a Lebanese designer clothes manufacturer of male clothing including shoes, bags, and scarfs. The...

  

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"Brandiing" is a Lebanese designer clothes manufacturer of male clothing including shoes, bags, and scarfs. The firm has recently set a new strategy which would help it defeat its competitors in the market. When asked about this new strategy, the top manager at "Brandiing" said: "Yes, our prices are not comparable to other brands. Our balance sheet indicates that we are not even able to cover our expenses because of our low prices, but this will help us expel the rivals from the market on the long run". Thus, which unfair pricing practice is "Brandiing" adopting? * Price skimming Predatory pricing Dumping Resale price maintenance 5 points "Brandiing" is a Lebanese designer clothes manufacturer of male clothing including shoes, bags, and scarfs. The firm has recently set a new strategy which would help it defeat its competitors in the market. When asked about this new strategy, the top manager at "Brandiing" said: "Yes, our prices are not comparable to other brands. Our balance sheet indicates that we are not even able to cover our expenses because of our low prices, but this will help us expel the rivals from the market on the long run". Thus, which unfair pricing practice is "Brandiing" adopting? * Price skimming Predatory pricing Dumping Resale price maintenance 5 points

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