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In a highly competitive market, the entrance of new suppliers is one of relative ease. For forestry, there is a high level of capital (both
In a highly competitive market, the entrance of new suppliers is one of relative ease. For forestry, there is a high level of capital (both monetary and physical in the shape of machinery) and time required to enter the market. there is also a lot of government regulation surrounding the forestry sector. Can it be considered a competitive market? Interested to hear your opinion!
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