as-efficient competitor test
C2CEFR level
95/100Rarity: very rare
TechnicalRegister
An analytical test asking whether a rival as efficient as the dominant firm could compete under the challenged pricing.
The as-efficient competitor test showed the rebate scheme could exclude a rival matching the incumbent's costs.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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