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insherro insherro
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Assume a firm has decided to undertake a limit pricing strategy. For the strategy to be successful, the firm does not need to actually possess a cost advantage over potential entrants. Rather, the firm simply has to be able to convince potential entrants that it does, in fact, possess an advantage.
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Economics for Managers

Economics for Managers


Edition: 3rd
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University of Ottawa - Economics for Managers
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sofreshsofresh
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Good times never seemed so good
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To believe they never would
Oh, no, no

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insherro Author
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7 years ago
This calls for a celebration Person Raising Both Hands in Celebration
tcat
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Helped a lot
jamiebonf99
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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