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Question
Which of the following is true of price discrimination as a part of international pricing strategy?A.The more competitors there are, the lesser consumers' bargaining power will be.
B.The more competitors there are, the less likely consumers will be to buy from the firm that charges the lowest price.
C.A firm may charge a higher price for its product in a country where competition is limited than in one where competition is intense.
D.Many competitors cause low elasticity of demand.
E.If a firm raises its prices above those of its competitors, consumers will refuse to switch to the competitors' products.
Answer
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