Examlex
What is dukkha?
Threat Of New Entrants
The potential challenge posed by a new competitor entering an industry or market.
Contestable
Pertaining to a market situation where costs of entry and exit are low, allowing for potential competition to exist even if the market is held by a few companies.
Competitive Level
indicates the intensity of competition within a market, influencing firms' strategies and market outcomes.
Price Searchers
Firms or individuals who determine their selling price based on the demand and supply conditions of the market, rather than being price takers.
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