A price that discourages entry is called a

Name: A price that discourages entry is called a
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A limit price is a price that is set intentionally high or low to discourage potential competitors from entering a market. This can be achieved by setting a price that is too low for new entrants to generate a profit, or too high for consumers to switch to a new brand. Therefore, a limit price is often used as a strategy to maintain market power and prevent new competition.

A Price That Discourages Entry Is Called a