A-LevelEconomicsThe price system and the microeconomy9708/32 · Feb/Mar 2017 · Q101 Mark
A firm successfully engages in a policy of predatory pricing. What will happen to the prices charged by the firm in the short run and in the long run?
- (a)prices in the short run prices in the long run A rise rise B rise fall C fall rise D fall fall[1]
Mark scheme
Marking points from the official mark scheme (Feb/Mar 2017). The mark or mark type is shown in brackets.
- [1] Answer: C
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