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  4. How monopolies form: barriers

12.1 How monopolies form: barriers to entry  (Page 29/31)

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  • Card 29 / 31:
    predatory pricing

    when an existing firm uses sharp but temporary price cuts to discourage new competition

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Practice FlashCards 16 Key Terms 11

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Source:  OpenStax, Openstax microeconomics in ten weeks. OpenStax CNX. Sep 03, 2014 Download for free at http://legacy.cnx.org/content/col11703/1.2
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