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If there are low barriers to entry, a monopolist A.might undertake investment to lower marginal cost in the face of a potential rival. B.will undertake

If there are low barriers to entry, a monopolist

A.might undertake investment to lower marginal cost in the face of a potential rival.

B.will undertake investment to lower marginal cost in order to increase profits.

C.will not undertake investment to lower marginal cost under any circumstances because profits are lower.

D.Both A and B.

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