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    Microeconomics Principles for a Changing World
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    Exam 10: Monopolistic Competition, Oligopoly, and Game Theory
  5. Question
    Consumer Loyalty to Existing Brands May Be a Formidable Barrier
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Consumer Loyalty to Existing Brands May Be a Formidable Barrier

Question 114

Question 114

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Consumer loyalty to existing brands may be a formidable barrier to entry for new companies.

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