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Suppose a small town is served by Target (a major retailer), and a new low-cost retailer enters the market. If Target cuts its prices in
Suppose a small town is served by Target (a major retailer), and a new low-cost retailer enters the market. If Target cuts its prices in this market to levels that are below its marginal cost in response to the other firm's entry, then Target may be practicing A. unlawful collusion. B. parallel conduct. C. predatory pricing. D. parallel pricing
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