A first mover is dominating a market with revenues of 40
A first mover is dominating a market, with revenues of $40 million annually. The average total cost for the firm is $20 million, of which $19 million is fixed. How can the first mover keep others from entering the market?
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a first mover is dominating a market with revenues of 40 million annually the average total cost for the firm is 20
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