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Fragmented Industries Typically Have High Barriers to Entry

question 22

True/False

Fragmented industries typically have high barriers to entry.


Definitions:

Diode

A semiconductor device that allows current to flow in one direction only, commonly used for rectification or as a check valve in electrical circuits.

Circuit Resistance

The opposition to the flow of electric current within a circuit, measured in ohms, affecting the circuit's performance and power consumption.

DMM

Stands for Digital Multimeter, an electronic measuring instrument that combines several measurement functions in one unit, such as voltage, current, and resistance.

Ohmmeter

A device used to measure electrical resistance in units of ohms.

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