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Which factor can most likely to discourage a firms entry into a new capital-intensive industry? A) market is dominated by a small consortium of buyers
Which factor can most likely to discourage a firms entry into a new capital-intensive industry?
A) market is dominated by a small consortium of buyers
B) Buyer switching costs are high
C)Buyers experience volume growth
D) Buyers enjoy large profit margins
E) Buyers view the product as differentiated
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