S E44: Entry, Exit and Long-Run Profitability - How to get ahead in the Market
Think Like An Economist
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Supply Side Strategies Can Be Harder for Smaller Businesses
Supply side strategies can be harder for smaller businesses to use. Walmut is not a big enough company tho have special relationships with suppliers. Some firms will lobby the government to create new regulations that can make it hard for new firms to enter a market. The other thing that limits competition is patents.
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