Which of the following would be inconsistent with the notion of a competitive market process and the notion of perfect competition?
A) Price searching behavior
B) Predatory pricing
C) Advertising
D) Licenses and other legal restrictions on entry
E) Hostile takeovers
D
Economics
You might also like to view...
Differentiate between norms and focal points
Economics
To an economist, rational self-interest means that individuals try to weigh the expected marginal (additional) benefits and marginal (additional) costs of their decisions
a. True b. False Indicate whether the statement is true or false
Economics