When pricing is used to limit entry, it is often described as

Name: When pricing is used to limit entry, it is often described as
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Predatory pricing is when a company prices its products/services so low that it becomes difficult for new firms to enter the market. This is because the new entrants cannot match these prices and still make a profit, resulting in the exiting of the market by the new entrants. Therefore, pricing is used to limit entry, and this is referred to as predatory pricing.

When Pricing Is Used to Limit Entry, It Is Often