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Topic: Research Assignment Paper: Discuss Pricing and Competition
How would a low-cost price leader enforce its leadership through implied threats to a rival? How does a firm become a “low cost” price leader? Discuss the specific type of market structure that implied threat strategy can be adapted.
Pricing and Competition Name Institution Pricing and Competition Low-cost price leaders enforce their leadership through assumed threats to their rivals basically through bluffs and through the use of strategic advantage. Once a low cost price organization gains a strategic advantage over a competitor, the low cost price leader becomes a force to recko