Question: EXPLAIN HOW PENETRATION PRICING EFFECT IT : 1. This strategy helps in preventing the competitors away from the firm's own market. 2. This strategy is

EXPLAIN HOW PENETRATION PRICING EFFECT IT :

EXPLAIN HOW PENETRATION PRICING EFFECT IT : 1.

1. This strategy helps in preventing the competitors away from the firm's own market. 2. This strategy is often used in combination with the efforts of minimizing the cost. 3. It is difficult to make profit through this strategy for companies which cannot achieve economy of scales

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