Although the Practice of Predatory Pricing Is a Common Claim

question 214

Multiple Choice

Although the practice of predatory pricing is a common claim in antitrust suits, some economists are skeptical of this argument because they believe

• A)the evidence of its practice is nearly impossible to collect.
• B)predatory pricing is not a profitable business strategy.
• C)even though predatory pricing is a profitable business strategy, it is on balance beneficial to society.
• D)predatory pricing actually attracts new firms to the industry.

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Definitions:

Resigned

The act of voluntarily leaving a position or job, often submitted in writing to the employer.

Statement Of Fact

A declaration that something is true, which can be verified objectively through evidence or investigation.

10,000-Pound Load

A specific quantity often used as a standard measurement or threshold in transportation and regulation contexts.

Fraud Or Misrepresentation

Deliberate deception to secure unfair or unlawful gain, or the act of misleading or deceiving someone.