Limit price
id:
limit-price-281-3352009
title:
Limit price
text:
A limit price is a price, or pricing strategy, where products are sold by a supplier at a price low enough to make it unprofitable for other players to enter the market. It is used by monopolists to discourage entry into a market, and is illegal in many countries. The quantity produced by the incumbent firm to act as a deterrent to entry is usually larger than would be optimal for a monopolist, but might still produce higher economic profits than would be earned under perfect competition. The pr
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Limit_price
date created:
date modified:
2023-07-03T00:30:52Z
main entity:
{"identifier":"Q1545824","url":"https://www.wikidata.org/entity/Q1545824"}
image:
fields total:
13
integrity:
13