deedy2793 deedy2793
  • 17-04-2024
  • Business
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Which of the following examples aligns closely with the concept of intimidating potential competition?
1) The government designates a legal monopoly for utility services.
2) An airline drastically cuts prices to drive out new entrants.
3) A company patents its invention.
4) A firm buys out the entire supply of a key resource.

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