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From course:

Economics A Level (DONEEEEEEE)

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Question:

Why will Collusive Oligopolistic Markets use Predatory Pricing

Author: eric_galvao



Answer:

-Firm that tries to break into the Industry that is controlled by the Cartel can face such Fierce Price Drops that it can force them out - dropping Competition and the threat of the Cartel Collapsing.


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