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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