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Assume Two Firms Are Currently Competing in a Market

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Assume two firms are currently competing in a market.If one of the two firms wants to try to eliminate the other firm as a competitor,should it undertake a strategy of limit pricing or predatory pricing? Why? In addition,describe the conditions under which the strategy you have selected will be most successful.

Assume two firms are currently competing in a market.If one of the two firms wants to try to eliminate the other firm as a competitor,should it undertake a strategy of limit pricing or predatory pricing? Why? In addition,describe the conditions under which the strategy you have selected will be most successful.

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The firm should adopt a strategy of pred...

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