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snowicefox17 snowicefox17
wrote...
Posts: 524
3 years ago
When a firm sets its prices below average cost in order to drive out competitors this is called

▸ 1st degree price discrimination.

▸ 2nd degree price discrimination.

▸ 3rd degree price discrimination.

▸ predatory pricing.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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Answer verified by a subject expert
Cass S.Cass S.
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Posts: 390
3 years ago
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snowicefox17 Author
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3 years ago
Smart ... Thanks!
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Yesterday
You make an excellent tutor!
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2 hours ago
Just got PERFECT on my quiz
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