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Limit pricing is a method to.... A. increase the costs of competitors B. sell at a price higher than the monopoly price in the long
Limit pricing is a method to....
A. increase the costs of competitors
B. sell at a price higher than the "monopoly" price in the long run.
C. reduce the resale between groups of consumers in the market.
D. discourage new firms from entering the market by offering a price lower than the profit maximining price.
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