ydelmis4305 ydelmis4305

03-12-2017
Business

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True or false: all economists believe that predatory pricing is a profitable business strategy.

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meerkat18 meerkat18

13-12-2017

ANSWER – False

As a matter of fact, most economists are of the opinion that predatory pricing is not a profitable business strategy. Predatory pricing is a situation whereby a monopoly firm reduces its price in an attempt to maintain its monopoly.

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