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nakungth nakungth
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6 years ago
If the game in Scenario 13.17 were to be infinitely repeated, waging a price war might be a rational strategy
A) because there would be no short-term losses.
B) because the short-term losses might be outweighed by long-term gains from preventing entry.
C) if the potential entrant were irrational.
D) if the monopolist had excess capacity.
E) if there were no sunk costs to the potential entrant.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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CanihCanih
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#1
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6 years ago
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nakungth Author
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#2
6 years ago
Thank you!
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