_____ is a strategic entry deterrence policy of setting price low enough to discourage entry while remaining profitable.

Name: _____ is a strategic entry deterrence policy of setting price low enough to discourage entry while remaining profitable.
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Question

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Limit pricing is a strategy where the incumbent firm sets the price low enough to deter entry by potential competitors, but still high enough to remain profitable. This discourages new entrants by making the market less attractive.

_____ Is a Strategic Entry Deterrence Policy of Setting Price