Pricing policy can serve as a barrier to entry.

Name: Pricing policy can serve as a barrier to entry.
Brand: Quizplus
Rating: 4.9 (56 reviews)

Question

Quizplus · Accepted Answer

If a company sets its prices very low, new entrants may find it challenging to compete with established companies that have already set standard pricing. Conversely, if a company sets its prices very high and new entrants cannot match those prices, it can create a barrier to entry as well.

Pricing Policy Can Serve as a Barrier to Entry