Question
when firms face competition from other firms that might enter the market, they often take actions aimed at deterring entry. Why might oligopolists charge less
when firms face competition from other firms that might enter the market, they often take actions aimed at deterring entry. Why might oligopolists charge less than their short-run profit-maximizing price when threatened by entry?
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Managerial Economics And Financial Analysis
Authors: M.S. Bhat, A.V. Rau
1st Edition
9352300211, 978-9352300211
