Question: 10 points Saved Question 1 Most industries experience competition except where firms are in a monopolistic industry structure. Different structures use different competitive strategies. New

10 points Saved Question 1 Most industries
10 points Saved Question 1 Most industries experience competition except where firms are in a monopolistic industry structure. Different structures use different competitive strategies. New organisations enter markets as they discover new wants for consumers. Discuss at least five barriers to entry by providing examples to support each barrier (Do not exceed 300 words)

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