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What type of entry exists if structural entry barriers are low,and either (1) entry-deterring strategies will be ineffective or (2) the cost to the incumbent of trying to deter entry exceeds the benefits it could gain from keeping the entrant out?
Commodity Money
Money that has intrinsic value and can be used for purposes other than as a medium of exchange, such as gold or silver.
Legal Tender
The government-mandated currency that must be accepted as payment for debts.
Ruble
The official currency of Russia, symbolizing the country's economic activity.
Open-Market Operations
The buying and selling of government securities by a central bank to control the money supply and interest rates.
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