Produce at a lower cost than a potential entrant

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Reference no: EM13837085

Which of the following is a correct statement?

Predatory pricing is easy to prove in a court of law.

An incumbent firm may experience a learning curve that allows it to produce at a lower cost than a potential entrant.

A firm receives no individual benefit from strategies that raise the marginal costs of its rivals.

No individual firm can benefit from strategies that raise the fixed costs of all the firms in the industry.

Reference no: EM13837085

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