Predatory Pricing Can Occur in a Monopoly Market Because

question 73

Multiple Choice

Predatory pricing can occur in a monopoly market because:

• A)the firm has no potential competitors to stop it doing so.
• B)the firm wishes to discourage potential entrants.
• C)the government has a tax incentive to let it happen.
• D)the monopolist is trying to maximise short-term profits.
• E)predatory pricing can never happen in a monopoly market.

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Definitions:

Trochlear Nerves

The fourth pair of cranial nerves, responsible for eye movement, particularly the superior oblique muscle's function which controls downward and inward eye movement.

Vagus

is a cranial nerve that controls functions in the heart, lungs, and digestive tract, playing a crucial role in the autonomic nervous system.

Thoracic

Relating to the thorax, the part of the body between the neck and the abdomen, which houses the heart and lungs among other organs.

Abdominal Organs

Vital organs located within the abdomen including the stomach, liver, gallbladder, pancreas, intestines, and kidneys.