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Benny considers himself a Malthusian and agrees with Malthus that there are two undisputable "facts" about people. Which of the following is one of these facts?
Degree of Rivalry
The intensity of competition among existing competitors in a market.
Threat of New Entrants
The potential risk posed by the possibility of new companies entering a market, which can impact the competitive environment and profitability for existing players.
Bargaining Power
The leverage that a party has in negotiations, affecting the terms and conditions of agreements.
Socio-Cultural
Relating to the interaction of social and cultural elements in society, influencing behaviors, values, practices, and institutions.
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