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AP Business Question Banks For Teachers Join a Class

AP Business Question Banks For Teachers Join a Class

Barriers to Entry

Obstacles that make it difficult for new businesses to compete.

For example

A patent, a required license, high start-up costs, or a scale advantage in buying can all keep new rivals out.

Taught In

1.2 Markets and Competitive Advantage

See Also

Competitive Advantage
Intellectual Property Rights
Monopoly

1.2.B.6

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