Achieving economies of scale is the only means by which to build a cost advantage barrier to new entrants.

Name: Achieving economies of scale is the only means by which to build a cost advantage barrier to new entrants.
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Economies of scale are a significant way to build a cost advantage, but firms can also use other strategies such as access to unique resources, cost innovations, and efficient supply chains to create barriers to entry.

Achieving Economies of Scale Is the Only Means by Which