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Priam
priapic
priapism
Priapus
Pribilof Islands
price
price-book ratio
price ceiling
price competition
price control
price-cutting
price differentiation
price discovery
price discrimination
price-dividend ratio
price-earnings ratio
price elasticity of demand
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price competition
price com·pe·ti·tion


noun 
Definition:
 
lowering of prices to attract business: a situation in which companies attempt to win customers away from their competitors by lowering the prices of their goods or services
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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