Answered

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Predatory pricing is the practice of lowering prices for the purpose of driving competitors out of business.

1) True
2) False

Sagot :

GinnyAnswer

Final answer:

Predatory pricing involves the practice of lowering prices to eliminate competition.


Explanation:

Predatory pricing is a practice where a supplier purposely lowers prices to eliminate competition. This strategy can lead to driving competitors out of business by creating unsustainable market conditions for them.


Learn more about Predatory pricing here:

https://brainly.com/question/12751629


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