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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.
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Property Management
Authors: Mr. Aaron Felix Villaver Paril, Mr. Ariel Reyes Sudario
1st Edition
9798652748937
