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An example of a government-imposed barrier to entry gives a firm the exclusive right to a new product for a period of 20 years from the date the product is invented.This entry barrier is known as
Length
The measurement of something from end to end or along its longest side.
Width
The measurement or extent of something from side to side; the lesser of two or the least of three dimensions of a body.
Area
The measure of the extent of a two-dimensional shape or surface in a plane, expressed in square units.
Labor
Human effort used in the production of goods and services.
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