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Business, 16.07.2019 07:00, isabelacarraler
Imagine that you are managing a small firm and thinking about entering the market of a monopolist. the monopolist is currently charging a high price, and you have calculated that you can make a nice profit charging 10% less than the monopolist. before you go ahead and challenge the monopolist, what possibility should you consider for how the monopolist might react?
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Answers: 1
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