Make predatory pricing by incumbents rational

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Reference no: EM13798026

Which of the following conditions may make predatory pricing by incumbents rational?

Select one:

a. When entry costs are very high

b. When entrants are uncertain about market conditions

c. When existing firms have significant cost advantages

d. When entrants are required to obtain extensive licensing and regulatory approvals

e. When existing forms have increasing marginal revenue

Reference no: EM13798026

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