Which of the following can be performed by unilateral action?

Question

Quizplus · Accepted Answer

All of the listed practices can be performed by a single firm through unilateral action, without needing the cooperation or agreement of other firms in the market. Achieving monopoly can be done by a firm through various means such as buying up competitors or driving them out of business. Predatory pricing involves a firm setting prices below cost to drive competitors out of business. Price discrimination involves charging different prices to different groups or segments of consumers, and can be done unilaterally by a firm.

Which of the Following Can Be Performed by Unilateral Action