High learning curve (Life insurance industry)

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When the learning curve is high, new competitors must spend time and money studying the market before they can effectively compete. High learning curves positively affect profits for Life insurance industry. …

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Threat of New Competitors: High learning curve (Life insurance industry)
When the learning curve is high, new competitors must spend time and money studying the market before they can effectively compete. High learning curves positively affect profits for Life insurance industry.

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