Typically, undercutting competitor's prices is Select one: a. an effective strategy b. illegal when the intent...

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Typically, undercutting competitors prices is Select one: a. an effective strategy b. illegal when the intent is to kill com

business economics

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e. legal but not very effective

Price wars, are not very effective, unless carried out in the long term. It is usually legal , unless the firm is using profits from another industry to undercut other competition. It is not a an effective method, as it is a very loss making strategy.

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