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Provide an example a type of discrimination that will not eventually be eliminated by competition...

Question

Provide an example a type of discrimination that will not eventually be eliminated by competition...

Provide an example a type of discrimination that will not eventually be eliminated by competition in a market. Explain why th
Provide an example a type of discrimination that will not eventually be eliminated by competition in a market. Explain why this particular type of discrimination may persist over time 2.

Answers

Ans. Price war

price war is a competitive exchange among rival companies who lower prices to undercut one another. A price war may be used to increase revenue in the short term, or as a longer-term strategy to gain market share. Price wars can be prevented through strategic price management (with non-aggressive pricing), a thorough understanding of the competition, or even communication with competitors.


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