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Free Entry and Exit Refers to Industries with Very Low

question 21

True/False

Free entry and exit refers to industries with very low start-up costs.


Definitions:

Abbreviated Correctly

The act of shortening words or phrases accurately and according to standard conventions.

First Time

An event or experience occurring at the beginning or for the inaugural instance in a series or a person's life.

Abbreviate Arkansas

The act of shortening the name of the U.S. state of Arkansas to its postal abbreviation, "AR".

Same Abbreviation

Occurs when two or more words or phrases share the same abbreviated form.

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