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Author Question: If the leading canned soup company introduces dozens of new flavors in order to dominate shelf ... (Read 45 times)

Sportsfan2111

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on: Jun 30, 2018
If the leading canned soup company introduces dozens of new flavors in order to dominate shelf space, the company is most likely trying to create a barrier to entry by
 a. increasing the total investment needed to reach the minimum efficient size
  b. spending more on advertising than potential competitors can afford
  c. exploiting economies of scale
  d. crowding out the competition
  e. establishing an undifferentiated oligopoly

Question 2

Smokers and loud talkers who ignore the external effects of their actions are being rational in the economic sense.
 a. True
  b. False


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bblaney

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


Sportsfan2111

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Liddy

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Reply 3 on: Yesterday
Excellent

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