Solved

Price Discounts to Selected Buyers with the Intent of Driving

Question 71

Multiple Choice

Price discounts to selected buyers with the intent of driving out smaller competitors is:


A) widespread in all industries.
B) common in the retailing industry only.
C) illegal under the Robinson-Patman Act.
D) allowed if the four-firm concentration ratio is less than 50 percent.
E) beneficial to consumers in the long run.

Correct Answer:

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