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Why is a limit price strategy often effective at deterring new entrants in the industry? A . The incumbent firm s profitability increases. B .
Why is a limit price strategy often effective at deterring new entrants in the industry? A The incumbent firms profitability increases. B Companies will be forced to produce at excess capacity. C New entrants do not know the incumbents costs. D New entrants cannot build niche markets. What is the correct answer?
Why is a limit price strategy often effective at deterring new entrants in the industry?
A The incumbent firms profitability increases.
B Companies will be forced to produce at excess capacity.
C New entrants do not know the incumbents costs.
D New entrants cannot build niche markets.
What is the correct answer?
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