Whether structural aspects of the industries are identical
Problem: It costs a lot less money to enter industry A than to enter industry B. Hence, industry A will be highly profitable. Assume all other structural aspects of the industries are identical.
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What Marrying an Immigrant Taught Me About Cultural Bias /Kyle Quinn: What marrying an immigrant taught me about cultural bias | TED Talk
Hence, industry A will be highly profitable. Assume all other structural aspects of the industries are identical.
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