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Describe the cross-subsidy

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Reference no: EM133066596

Find an example of a firm that has entered a market to challenge a firm (or firms) using a cross-subsidy by selling only the profitable product.

Describe the cross-subsidy and how the entering firm is competing with the established firm. How is the established firm responding (or likely to respond) to the competition? Answer in one or two paragraphs.

Reference no: EM133066596

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