Limit Pricing Is the Practice of

Multiple Choice

Limit pricing is the practice of

A) limiting the amount that can be purchased to drive up prices.
B) threatening to go to the limit in a price war if someone enters your market.
C) charging a monopoly price,but producing a quantity greater than the quantity at which MC = MR.
D) setting the price at the highest level that inflicts a loss on the entrant.
E) charging a price higher than the monopoly price,but producing a quantity greater than the quantity at which MC = MR.