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Which of the following is true of deep discounting strategy undertaken by a firm? A price is set by a producer equal to the average

Which of the following is true of deep discounting strategy undertaken by a firm? A price is set by a producer equal to the average cost of its competitor. The strategy can be undertaken even by a firm with decreasing returns to scale. It reduces the entry barriers for new firms. The firm is a large one and has a significant market share

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