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Create the microeconomic model of the following case - you can reference any external info Assuming Evolution Gaming is now trying to enter the Japanese

Create the microeconomic model of the following case - you can reference any external info

Assuming Evolution Gaming is now trying to enter the Japanese market, providing online gaming for sports betting type of games in the market, based on this plan, we expect they will be able to generate more revenue, and please create an economics model that explains this impact, here's the reference: https://ecampusontario.pressbooks.pub/principlesofmicroeconomicscdn/chapter/8-6-how-entry-and-exit-lead-to-zero-profits-in-the-long-run/

Please also explain your reasoning.

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