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    It Might Be Rational for a Firm to Price Its
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It Might Be Rational for a Firm to Price Its

Question 47

Question 47

Multiple Choice

It might be rational for a firm to price its products below ________ costs in order to drive potential entrants from entering a market.


A) fixed
B) average variable
C) average fixed
D) implicit
E) explicit

Correct Answer:

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