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msee1021 msee1021
wrote...
Posts: 380
6 years ago
A company is said to be involved in predatory pricing even when it is compelled to sell its products are a price below the average variable cost because of pricing of the competitor.
[True or False]
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wrote...
6 years ago
 False
Explanation:  Such pricing is competitive response and is not predatory pricing as the company is unlikely to  be able to charge a monopoly price later and recoup its losses.
msee1021 Author
wrote...
6 years ago
This helps so much, thank you for responding so quickly...
wrote...
6 years ago
No worries, I was online and bored Grinning Face with Smiling Eyes
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