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a.)Explain several different strategies a monopolist could use to deter other firms from entering the market. (25 marks) b.)Give an example of a market where
a.)Explain several different strategies a monopolist could use to deter other firms from entering the market. (25 marks)
b.)Give an example of a market where relatively few firms operate. Which features of the market environment influence the number of firms? Explain what a firm in this market could do to influence the competition it faces? (25 marks)
you may give me the answer in point form or paragraph is fine
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