jseely4556 jseely4556

25-11-2022
Chemistry

Answered

suppose an established manufacturer in an oligopoly provides ten new versions of the same product in the same year. which of the following is a possible outcome of this action? It will lead to a fall in the profit earned by the firm.It will crowd out new entrants into the market. It will reduce the startup cost for a new entrant. It will help the manufacturer increase the price of its products. It will lead to a decrease in the demand for the products of the manufacturer.

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