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Author Question: A firm could not be engaged in successful predatory pricing if: a. It charged prices greater than ... (Read 72 times)

cmoore54

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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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Answer to Question 1

a

Answer to Question 2

C





 

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