Each of the following statements is arguably false. Explain why. –The technique of Limit Pricing is meant to encourage and facilitate competitive…

Each of the following statements is arguably false. Explain why.–The technique of Limit Pricing is meant to encourage and facilitate competitive entry to a market.–The theory of Creative Destruction describes what powerful monopoly firms due to possible competitors.–Anti-trust litigation is nearly always brought by a government entity; private suits are rare.–Once you define a relevant market there is seldom any need thereafter to re-evaluate its Herfindahl index.–If a firm is an “oligonomist” it is probably unhappy with its market position.

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