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Which of the following factors most contributes to the U . S . automotive industry being characterized by high entry barriers? Question 1 5 options:
Which of the following factors most contributes to the US automotive industry being characterized by high entry barriers? Question options: A New auto companies create electric cars powered by simpler motors and gearboxes. B New entrants in the automotive industry expect that incumbents will not or cannot retaliate. C Car manufacturers require largescale production in order to be costcompetitive. D Few industrial products are as easy to build as cars powered by internal combustion engines.
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