An environment of extreme price competition

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1. List three strategies that can be used by firms to enhance profits in an environment of extreme price competition.

2. Please describe four strategies (1. Limit pricing, 2. Predatory pricing, 3. Raising rivals' costs and 4. First mover advantages) that a manager can use to lessen competition. Give an example of each. Required minimum-1 page

Reference no: EM13230695

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