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Which of the following is a deterrent to entry into an industry?
Question: Which of the following is a deterrent to entry into an industry?
- The absence of learning curves in the industry
- Minimum efficient scale is relatively unimportant
- Incumbent firms are not aggressive
- Excess capacity within the industry
Answers: Excess capacity within the industry
Conclusion of Which of the following is a deterrent to entry into an industry?
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