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New Technology Is Often the Mechanism Used by Outsiders to Overcome

question 43

True/False

New technology is often the mechanism used by outsiders to overcome barriers to entry in traditional industries.


Definitions:

Absentee Landlord

A property owner who does not live on-site or participate actively in managing their rental property.

Rental Expenses

Costs incurred for leasing or renting property, equipment, or other assets.

Gasoline Purchases

The act of buying gasoline, a fuel used primarily in internal combustion engines.

Major Drivers

Key factors or forces that significantly influence the direction, activity, or trends within a market or environment.

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