-The above figure shows the payoff matrix facing an incumbent firm and a potential entrant.What policy could government adopt to prevent entry deterrence by the incumbent?
A) production quotas
B) price ceiling
C) safety standards
D) None of the above is correct.

Question

-The above figure shows the payoff matrix facing an incumbent firm and a potential entrant.What policy could government adopt to prevent entry deterrence by the incumbent?
A) production quotas 
B) price ceiling 
C) safety standards 
D) None of the above is correct.

Quizplus · Accepted Answer

The Answer of 
-The above figure shows the payoff matrix facing an incumbent firm and a potential entrant.What policy could government adopt to prevent entry deterrence by the incumbent?
A) production quotas 
B) price ceiling 
C) safety standards 
D) None of the above is correct.

-The Above Figure Shows the Payoff Matrix Facing an Incumbent