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Potential rifle out of the market

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Reference no: EM132269211

You are a consultant to a price setting firm (monopolist).

Situation: this firm has market pricing power and is making a hefty economic profit but a potential rifle firm in the market could cause problems your job is to develop a plan keep the potential rifle out of the market please feel free to use crafts and numbers as part of your plan.

Reference no: EM132269211

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