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Question 14 The likelihood of new entrants

Question : Question 14 The likelihood of new entrants : 4363

Question 14

The likelihood of new entrants joining an industry is low if existing competitors enjoy economies of scale because:

new entrants struggle to match incumbents' prices.

this discourages customers from buying a new entrant's offerings.

new entrants struggle to gather enough cash to get started.

each incumbent has a group of loyal customers that enjoy its unique features.

new entrants struggle to get their offerings to customers.

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Economics 1 Year Ago 108 Views
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