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PlusLight, a Torch Manufacturing Company, Releases High-Intensity Torches at Incredibly

Question 83

Multiple Choice

PlusLight, a torch manufacturing company, releases high-intensity torches at incredibly low prices.Within a year, it achieves market monopoly by driving away most of its competitors from business.Which of the following practices did PlusLight engage in?


A) Predatory pricing
B) Price fixing
C) Price discrimination
D) Bid rigging
E) Resale price maintenance

Correct Answer:

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