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Which of the following are barriers to entry? Large economies of scale required to be profitable Established brand loyalty Patent protection for the firm's product

Which of the following are barriers to entry?

  1. Large economies of scale required to be profitable
  2. Established brand loyalty
  3. Patent protection for the firm's product
  4. Rapid industry growth
  1. I and II only
  2. I, II, and III only
  3. II, III, and IV only
  4. III and IV only

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