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Regulatory barrier to entry

Billy recently invented and in that case patented a motorized flying skateboard which transports people to and from their destinations in less than half the time this would take to ride or drive a bus. Billy is protected from competition from a: (1) regulatory barrier to entry. (2) market power barrier to entry. (3) natural monopoly barrier to entry. (4) economies of scale. (5) strategic barrier to entry.

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