Which Is Not Considered an "Anticompetitive Practice

question 147

Multiple Choice

Which is not considered an "anticompetitive practice"?

• A)Firms threaten to destroy competitors through innovation.
• B)A firm forces competitors to compete on prices.
• C)A firm prevents the entry of new rivals.
• D)Firms share intellectual property that may be helpful for research and development.

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Definitions:

Machine Set-ups

The arrangements and adjustments made to machinery to prepare it for a production run.

Skilled Labour

Workers who have specialized training or expertise in a particular field or job.

Sunk Cost

Any cost that has already been incurred and that cannot be changed by any decision made now or in the future.

Obsolete Desk Calculators

Desk calculators that are no longer considered efficient or useful due to advancements in technology or changes in user needs.