The adoption of a limit-pricing strategy by oligopolists would tend to make the price of the product closer to marginal cost.

Name: The adoption of a limit-pricing strategy by oligopolists would tend to make the price of the product closer to marginal cost.
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A limit-pricing strategy involves setting prices low enough to deter entry by potential competitors, which often means pricing closer to marginal cost to make it unprofitable for new entrants.

The Adoption of a Limit-Pricing Strategy by Oligopolists Would Tend