Business, 10.12.2019 22:31 Tanya120

When lofonift inc introduced its flagship product, an mp3 player, it captured the mp3 player market by offering its product at the lowest price in the market. this gradually forced many of its competitors out of business. once its competitors were out of business, lofonift inc raised its prices. in this scenario, lofonift inc most likely indulged in
a) predatory pricing
b) price discrimination
c) status quo pricing
d) price fixing

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When lofonift inc introduced its flagship product, an mp3 player, it captured the mp3 player market...

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