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0. The following statements relate to Restrictive Trade Practices (RTP). Choose the correct code for the statements being correct or incorrect. Statement I: Often the low price is the result of the predatory pricing strategy; prompting selling at prices below cost. Statement II: This is done with an aim to drive out existing competitors because predatory pricing is a restrictive trade practice. Code:
Statement I is correct, but II is incorrect.
Statement II is correct, but I is incorrect.
Both the statements I and II are correct.
Both the statements I and II are incorrect.
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