A firm could not be engaged in successful predatory pricing if:
a. It charged prices greater than the average variable cost of production.
b. It drove rivals out of the market
c. It raised its prices after its price cutting campaign.
d. None of the above is true.
a
Economics
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Indicate whether the statement is true or false
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A foundation of planned socialism is:
a. the rule of law b. the median voter rule c. the primacy of horizontal transactions d. free pricing e. material balances
Economics