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Which pricing objective aims to safeguard against the emergence of new producers in the same line?
  • a)
    Profit maximization
  • b)
    Cost-based pricing
  • c)
    Market penetration
  • d)
    Entry deterrence pricing
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which pricing objective aims to safeguard against the emergence of new...
Entry deterrence pricing is a pricing objective that aims to safeguard against the emergence of new producers in the same line. By setting prices at a level that makes it difficult for new entrants to compete effectively, existing firms can create barriers to entry and maintain their market position.
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Which pricing objective aims to safeguard against the emergence of new producers in the same line?a)Profit maximizationb)Cost-based pricingc)Market penetrationd)Entry deterrence pricingCorrect answer is option 'D'. Can you explain this answer?
Question Description
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