Entry deterrence is always the best strategy for a monopolist.

Name: Entry deterrence is always the best strategy for a monopolist.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Entry deterrence might not always be the best strategy for a monopolist because it can lead to increased scrutiny from regulators, potential legal issues, and might not be sustainable or cost-effective in the long run. Monopolists might find it more beneficial to focus on innovation, efficiency, or improving product quality to maintain their market position.

Entry Deterrence Is Always the Best Strategy for a Monopolist