Predatory pricing is a business strategy where a company sets its prices below cost to drive competitors out
Tag: barriers to entry
limit pricing
Limit pricing is a strategy used by a dominant company to set its prices below the cost that
reasons for different sizes of firms
The size of a firm is determined by why some industries contain many small businesses, while others are
barriers to entry
Barriers to entry are obstacles that make it difficult for new companies to enter a market and compete