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According to Information Provided in Michael Porter's Model That Describes

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Essay

According to information provided in Michael Porter's model that describes segment structural attractiveness,the threat of mobility can be encountered.In which of the five forces described by Porter would such a threat occur?


Definitions:

Price-taker Market

is a market condition where individual sellers or buyers have no control over the price of a product, typically due to the product being homogeneous and market participants being numerous.

Market Demand Curve

A graphical representation that illustrates the total quantity of a particular good or service that consumers in a market are willing to buy at various prices.

Minimum Average Total Cost

The lowest point on the average total cost curve, representing the most efficient scale of production for minimizing costs per unit.

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