Creative destruction is less likely to occur when a. entry is free than when entry is

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Creative destruction is less likely to occur when ■

a. entry is free than when entry is restricted.
■

b. entry is not allowed.
■

c. entry can occur easily.

d. government does not protect industries.
■

e. producers are price takers.

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Fundamentals Of Economics

ISBN: 9780618992676

4th Edition

Authors: William Boyes , Michael Melvin

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Question Posted: Jul 05, 2024 10:09 AM

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Creative destruction is less likely to occur when a. entry is free than when entry is

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Fundamentals Of Economics

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