Snorlax Corp currently competes in a duopoly. The market price is $270, and Snorlax's annual profit is $270 million. If Snorlax were the only firm in the market, Snorlax could charge a monopoly price of $675 per unit and earn $945 million annually for the indefinite future. By charging $135 per unit for one year, Snorlax could drive her rival out of the market and maintain a monopoly position forever, but this strategy will result in a $540 million loss since the marginal cost is $216 per unit. (a) Name the pricing strategy that the Snorlax's manager is considering. Describe the main feature of this pricing strategy. What is the condition for this strategy to be successful? (b) Suppose that the interest rate is 12 percent, should this pricing strategy to be adopted