A model where an incumbent firm uses a pricing strategy to make it unprofitable for any potential competitor to enter a market is called the

Name: A model where an incumbent firm uses a pricing strategy to make it unprofitable for any potential competitor to enter a market is called the
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The Bain, Modigliani, Sylos-Labini model is known for describing a situation where an incumbent firm sets prices low enough to deter entry by making it unprofitable for potential competitors.

A Model Where an Incumbent Firm Uses a Pricing Strategy