Industries with high barriers to entry often have high barriers to exit. Explain.

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Economics of Strategy

ISBN: 978-1118319185

6th edition

Authors: David Besanko, David Dranove, Mark Shanley, Scott Schaefer

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Question Posted: Sep 13, 2017 12:53 AM

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Industries with high barriers to entry often have high barriers to exit. Explain.

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Typically high barriers to entry are comprised of high initial capital invest...View the full answer

Economics of Strategy

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