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Author Question: A firm could not be engaged in successful predatory pricing if: a. It charged prices greater than ... (Read 65 times)

cmoore54

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on: Jun 30, 2018
A firm could not be engaged in successful predatory pricing if:
 a. It charged prices greater than the average variable cost of production.
  b. It drove rivals out of the market.
 c. It raised its prices after its price cutting campaign.
 d. None of the above is true.

Question 2

Which of following provisions in an insurance policy may be economically efficient if policy holders can control small claims but not large ones?
 a. Vigilance provision
  b. Non-price exceptions
  c. Co-payment provisions
  d. Liquidated damages


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TheNamesImani

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

C


cmoore54

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Reply #2 on: Jun 30, 2018
Thank you :)


TheNamesImani

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Reply #3 on: Jun 30, 2018
Happy to help you


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