As a barrier to new entry, absolute cost advantages can be based on:
A. continuous advertising of brand and company names, and product innovation achieved through research and development.
B. high product quality, service-oriented innovations, and good after-sales service.
C. the unique ability of established companies to spread fixed costs over a large volume.
D. cost reductions that arise from the mass production of standardized output.
E. superior production operations and processes due to accumulated experience, patents, or trade secrets.
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Home » Business » As a barrier to new entry, absolute cost advantages can be based on: A. continuous advertising of brand and company names, and product innovation achieved through research and development. B.