If a Company Has Successfully Increased the Amount of Investment

question 16

Short Answer

If a company has successfully increased the amount of investment or the complexity of the technology required to compete in an industry or a market segment, it has raised _______________ that would discourage or delay other companies from entering the market.

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Definitions:

Marginal Utility

The additional satisfaction or utility that a consumer gains from consuming one more unit of a good or service.

Pretzels

A type of baked pastry made from dough that is commonly shaped into a knot and typically salted.

Utils

A hypothetical unit of measurement used in economics to quantify the level of utility or satisfaction gained from consuming goods and services.

Sensitivity

The degree to which something is affected by changes in external factors, often used in contexts like financial analyses, project planning, or scientific measurements.