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Although the Practice of Predatory Pricing Is a Common Claim

Question 214

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Although the practice of predatory pricing is a common claim in antitrust suits, some economists are skeptical of this argument because they believe


A) the evidence of its practice is nearly impossible to collect.
B) predatory pricing is not a profitable business strategy.
C) even though predatory pricing is a profitable business strategy, it is on balance beneficial to society.
D) predatory pricing actually attracts new firms to the industry.

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