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S E44: Entry, Exit and Long-Run Profitability - How to get ahead in the Market
Think Like An Economist
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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