Explain how the market power of the monopolist can be reduced if they sell a durable good

Explain how the market power of the monopolist can be reduced if they sell a durable goodPerfect competition, welfare and entryPerfect competition, welfare and entryQuestionFall 2015The mid-term exam will be held on Saturday, October 31, 3:30-5:00 pm. The exam will consistof questions taken from the list of potential questions below. The questions will be exactly thesame as those