123k views
1 vote
True or false: all economists believe that predatory pricing is a profitable business strategy.

User Mkrause
by
8.3k points

1 Answer

6 votes

ANSWER – False

As a matter of fact, most economists are of the opinion that predatory pricing is not a profitable business strategy. Predatory pricing is a situation whereby a monopoly firm reduces its price in an attempt to maintain its monopoly.

User Moshe Fortgang
by
8.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.