Barriers to entry:
A) Can be cyclical
B) Can involve the legal constraints leveling the playing field
C) Can include customer loyalty
D) Are not important to small firms

Name: Barriers to entry: A) Can be cyclical B) Can involve the legal constraints leveling the playing field C) Can include customer loyalty D) Are not important to small firms
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Customer loyalty can act as a barrier to entry by making it difficult for new entrants to attract customers away from established firms.

Barriers to Entry