Penny bank, a discount store, is highly competitive. when entering a new market, penny bank often cuts prices so deeply that it sells below costs, effectively pushing smaller retail stores with less purchasing power out of the market. in this case, penny bank is

The correct answer is "Predatory pricing".

Explanation: In this case, Penny Bank is using predatory pricing.

Predatory prices consist of a pricing strategy that seeks to reduce prices below cost and have the effect of removing all competitors from the market, which although they are equally efficient as the firm that carries out the strategy, cannot withstand the competition of such low prices. The predominant firm on the other hand, aims to keep the entire market and then increase prices and obtain monopoly profits.

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consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.