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Identify 3 strategies managers can use to change the business environment. Explain the economic basis for limit pricing and predatory pricing. Describe how a manager
Identify 3 strategies managers can use to change the business environment. Explain the
economic basis for limit pricing and predatory pricing. Describe how a manager can profitably
lessen competition by rising rival's cost. Identify 4 sources of market failure. Discuss how
government policies in international markets impact the prices and quantities of domestic goods
and services.
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