Price discrimination is indistinguishable from dumping
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Price discrimination is indistinguishable from dumping. Discuss the accuracy of this statement.
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Solution Summary
The statement is not entirely accurate because of the definitions of these two terms: dumping, price discrimination.
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Price discrimination is indistinguishable from dumping. Discuss the accuracy of this statement.
The statement is not entirely accurate because although dumping is a form of price discrimination, it is not based on the difference of price elasticities of demand as price discrimination is.
Price discrimination is when a ...
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