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violin13 violin13
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Posts: 466
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5 years ago
Explain why selling output at a price below that at which marginal revenue equals marginal cost (MR = MC) might serve to deter entry of a potential competitor.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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nick1116nick1116
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Posts: 413
5 years ago
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violin13 Author
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5 years ago
this is exactly what I needed
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Helped a lot
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