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How do incumbents respond to the threat of entry

07/04/2021 Client: muhammad11 Deadline: 2 Day

I need an explanation for this Economics question to help me study.

please prepare a brief half page executive summary of this paper that highlights:

1. the key findings of the paper;

2. major assumptions or limitations of the analysis;

3. issues of relevance for policymaking.

This summary doesn't require specific analysis or formal report. Just summarizing the points to answer the 3 questions above. You may skim the reading instead of really read it :)

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