Business Studies, asked by deshmukhram2002, 1 month ago

The barriers to entry in a capital-intensive industry such as airlines or petroleum are higher because​

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Answered by singhrajinder83574
11

Explanation:

The barriers to entry in a capital-intensive industry such as airlines or petroleum are higher because… Acquired capital can be easily redeployed for use in other industries. The market for the good is very large. ... Capital investments cannot be recovered if the firm exits the industry

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