Limit Pricing Is

Multiple Choice

Limit pricing is

A) a strategy where a firm temporarily prices below its marginal costs to drive competitors out of the market.
B) a strategy used by a vertically integrated firm to raise rival's costs of inputs, while holding constant final product prices.
C) when an incumbent maintains a price below the monopoly price in order to prevent entry.
D) the act of charging a low price initially upon entering a market to gain market share.