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why 500-150 is the profit Question 7 X Incumbent Stackelberg (accommodate) Deter Enter 500 450 Firm 2 150 O Do Not 1000 900 Enter 0

why 500-150 is the profit

Question 7 X Incumbent Stackelberg (accommodate) Deter Enter 500 450 Firm 2 150 O Do Not 1000 900 Enter 0 The above figure shows the payoff matrix facing an incumbent firm and a potential entrant. Assuming a fixed cost of entry, the incumbent will deter entry because Selected Answer:

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