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a firm would prefer blockaded entry to deterable entry

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ECON Academic for Chapter 6 ECON Academic for Chapter 6 Question Academic for Chapter 6, Adapted End-of-chapter Questions (10 points possible) Dunne, Roberts, and Samuelson found that industries which have high entry rates, tend to also have high exit rates. Can you explain this finding?(1 point) What does this imply for pricing strategies of incumbent firms?(1 point) […]

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