Business, 27.05.2020 19:04 bhadd4385

An incumbent monopolist producing more output than necessary might be able to keep potential rivals from entering

A. if the longminusrun marginal cost can be lowered below the potential entrant's shortminusrun marginal cost.

B. by flooding the market with products below its marginal cost in the short run.

C. if learning by doing reduces marginal cost.

D. All of the above.

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An incumbent monopolist producing more output than necessary might be able to keep potential rivals...