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thanhha78 thanhha78
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7 years ago
Predatory pricing occurs when a monopolist charges a
A) price above average variable cost.
B) high price to drive out competition, then charges a low price.
C) price above average total cost.
D) low price to drive out competition, then charges a high price.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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thanhha78 Author
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7 years ago
can't thank you enough for this, appreciate it a lot
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