SEE ATTACHMENT 250-300 WORDS ANSWERING THE FOLLOWING QUESTION, MINIMAL CIATATIONS PLEASEHow would a low-cost price leader enforce

250-300 WORDS ANSWERING THE FOLLOWING QUESTION, MINIMAL CIATATIONS PLEASE

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.