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Factors that stop new firms from competing successfully in an industry are:
ABarriers to export
BBarriers to entry
CBarriers to exit
DBarriers to entry fees
Answer & Solution
Correct answer: B. Barriers to entry
1. Cost is one common example.
2. They protect the existing firms.
3. They are barriers to entry.
_Source: OpenStax Principles of Management, Chapter 8, Strategic Analysis._
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