Although the practice of predatory pricing is a common claim in antitrust suits, some economists are skeptical of this argument because they believe A. even though predatory pricing is a profitable business strategy, it is on balance beneficial to society. B. predatory pricing is not a profitable business strategy. C. predatory pricing actually attracts new firms to the industry. D. the evidence of its practice is nearly impossible to collect.

David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?