Response falseas a matter of fact most of the economists are of the opinion that predatory pricing is not a profitable business strategy. Predatory pricing is not a profitable business strategy.

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All economists believe that predatory pricing is a profitable business strategy.

True or false all economists believe that predatory pricing is a profitable business strategy. All economists believe that predatory pricing is a profitable business strategy. All economists believe that predatory pricing is a profitable business strategy. You ve reached the end of your free preview.

The evidence of its practice is nearly impossible to collect. If one firm seeks to drive out the other by temporarily selling below cost the predatory firm will have to increase its output because quantity demanded rises when price falls. Suppose there are two firms in a market.

Predatory pricing is a situation in which a monopoly firm reducing its price in an attempt to keep their monopoly. Want to read all 27 pages. Predatory pricing is a situation whereby a monopoly firm reduces its price in an attempt to maintain its monopoly.

False economists do not all agree that predatory pricing exists and is a common practice. All economists believe that predatory pricing is a profitable business strategy. Kathy robinson on november 26 2018.

Tags microeconomics government consumer surplus producer surplus supply and demand. As a matter of fact most economists are of the opinion that predatory pricing is not a profitable business strategy. All economists believe that predatory pricing is a profitable business strategy.

Economics questions and answers true or false. Some economists are doubtful that predatory pricing is a profitable business strategy. This is true because many economist believe and argue that predatory pricing is meant to create shortages excess demand in the economy by producing and selling little out so as to increase the prices hence it is always a profitable strategy by the monopolies.

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

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