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    Exam 16: Market Structures Iii: Oligopoly
  5. Question
    Predatory Pricing Occurs When a Firm Cuts Prices with the Intention
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Predatory Pricing Occurs When a Firm Cuts Prices with the Intention

Question 7

Question 7

True/False

Predatory pricing occurs when a firm cuts prices with the intention of driving competitors out of the market so that the firm can become a monopolist and later raise prices.

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