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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
"We offer the best deal in town. If somebody charges a lower price, bring in their ad and we'll beat it!" From the economic point of view, the firm promising to match its competitor's low prices is attempting to
A) lie.
B) cheat.
C) learn more about the market.
D) do nothing more than bait and switch their customers.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 197 times
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Chimelo46Chimelo46
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Posts: 5641
8 years ago
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Sublight2097 Author
wrote...
8 years ago
Seriously, you've been tremendously helpful! Thank you.
wrote...
8 years ago
Glad to help you, and good luck with your course.
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