The Threat of Entry of New Competitors Is __________ When

question 107

Multiple Choice

The threat of entry of new competitors is __________ when it is easy to enter a market and __________ when significant barriers to entry exist.

• A)high, high
• B)high, low
• C)low, low
• D)low, high

---

Definitions:

Tumor Marker

A substance found in blood, urine, or body tissues that can be elevated in cancer and may help in diagnosing or monitoring treatment.

Carcinoma

A type of cancer that begins in the skin or the tissue lining organs, such as the liver or kidneys.

Epithelial Tissue

A type of bodily tissue that lines the outer surfaces of organs and blood vessels, as well as the interior of hollow structures.

Endoscopy

A medical procedure that allows a doctor to inspect and observe the inside of the body without making large incisions, using an instrument called an endoscope.