assignmentcafe.com – Explain. How would you determine whether predatory pricing indeed took place?/2022

assignmentcafe.com –

 

claim: “Following the entrance of a new coffee chain in a city, the incumbent coffee chain lowers its price by more than half. Thus, the incumbent is engaging in predatory pricing.” 

Do you agree with this claim?

 Explain. How would you determine whether predatory pricing indeed took place?

 Describe the analytical steps that are required.