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Homework answers / question archive / Assume you are the manager of a firm that is currently competing primarily with one other competitor in an oligopoly market

Assume you are the manager of a firm that is currently competing primarily with one other competitor in an oligopoly market

Marketing

Assume you are the manager of a firm that is currently competing primarily with one other competitor in an oligopoly market.

If you want to try to eliminate your firm's primary competitor, should you utilize a strategy of limit pricing or a strategy of predatory pricing? (Select only one pricing strategy; not both strategies or combinations of both strategies.)

Explain the reasoning behind the decision.

Describe the conditions under which the strategy you would use will likely be most successful.

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