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Potential entrants may change the rule of competition but can be deterred through _____.
Technological Growth
The process of innovation and the spread of new technological inventions, contributing to economic development and changes in societal practices.
Rational Understandings
The ability to comprehend, interpret, and reason about information or situations in a logical and coherent manner.
Naïve Optimism
An overly positive and simple belief in the most favorable outcome of any situation without considering the complexities or potential challenges.
Tangible Benefits
Concrete advantages or gains, such as profit or improved health, which are directly attributable to a specific action or policy.
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