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6.____ Ravishing Razors is a profitable enterprise, but is looking to increase its market share in order to offset recent expenses related to environmental clean-up.
6.____ Ravishing Razors is a profitable enterprise, but is looking to increase its market share in order to offset recent expenses related to environmental clean-up.
- a. Ravishing Razors hopes to put its competitors out of business. In order to do so, it makes its razors so cheap that its competitors must charge a higher price or go out of business. Is this illegal? If so, what type of violation would this be? (4 points)
- b. Ravishing Razors is a very popular product. Their customers go to area stores and ask for their products by name. In order to capitalize on this popularity, Ravishing Razors decides it will offer its product for sale at a lower price to those stores that agree to sell their products exclusively, while charging a much higher price to those stores that sell competitors products as well. Is this illegal? If so, what type of violation would this be? (4 points)
please dont answer in one paragraph
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