Question

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.

Answer 1

In my opinion I think it’s all of the above

Answer 2

The answer will indeed be A