Business, 14.04.2020 21:15 austintules2005

Limit pricing is:

A. a strategy whereby a firm temporarily prices below its marginal costs to drive competitors out of the market.
B. a strategy whereby an incumbent maintains a price below the monopoly price in order to prevent entry.
C. the act of charging a low price initially upon entering a market to gain market share.

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Limit pricing is:

A. a strategy whereby a firm temporarily prices below its marginal co...

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