Entry of New Competitors into a Particular Market Is More

question 64

Multiple Choice

Entry of new competitors into a particular market is more difficult:

• A)in the absence of strong economies of scale.
• B)in the absence of learning effects.
• C)if the industry has low capital requirements at the outset.
• D)if strong product differentiation exists in the market.

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Definitions:

Positive Feelings

Emotions that are pleasant or desirable, such as happiness, love, and excitement, often contributing to well-being.

Negative Words

Words that convey a negative connotation or sentiment, which can potentially deter positive communication.

Goodwill

The benefit or value that an entity has built up over time, often reflecting in customer loyalty, brand reputation, or business relationships.

Concise

Expressing much in few words; clear and succinct.