Question: What are the ways that a firm can create barriers to entry to deter competition in its business? What factors determine whether these barriers are
What are the ways that a firm can create barriers to entry to deter competition in its business? What factors determine whether these barriers are likely to be enduring?
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Barriers to entry allow a firm to earn profits while at the same time preventing other firms from entering the market The primary sources of barriers to entry include economies of scale absolute costs ... View full answer
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