Question
What is part of the strategy in predatory pricing? Select one: a.Deliberate price-cutting force rivals out of business or prevent new entrants into the market;
What is part of the strategy in predatory pricing?
Select one:
a.Deliberate price-cutting force rivals out of business or prevent new entrants into the market; flood market with domestic goods; this strategy can be a long term goal and is illegal.
b.Deliberate decrease pricing to force rivals out of business or prevent new entrants into the market; flood the market with imported goods; this can be along term goal, and it is illegal.
c.Price cutting similar items as competitors to drive them out of business; import cheap goods to offset cost; and is considered anti-competitive and it's illegal.
d.Price cutting similar items as competitors to drive them out of business; import expensive goods to offset sales; and is considered anti-competitive and it's illegal.
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