Deterring entry might require a firm to A) price their product closer
Deterring entry might require a firm to
A) price their product closer to the competitive price than to the monopoly price.
B) price their product closer to the monopoly price than to the competitive price.
C) drop output almost to zero to show the consumers “who’s boss.”
D) drop price almost to zero to get price below marginal cost.
ANSWER
A
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