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Why would any business want to enter an industry experiencing profits knowing that profits would eventually trend toward $0? Identify an industry (good or service) that is profitable and competitive, and list any barriers to entry that you see

Economics Apr 20, 2023

Why would any business want to enter an industry experiencing profits knowing that profits would eventually trend toward $0? Identify an industry (good or service) that is profitable and competitive, and list any barriers to entry that you see.

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