Social Studies, 14.02.2020 01:20 jojojolie8570

The likelihood of new entrants joining an industry is low if capital requirements to enter the industry are high because: Group of answer choices
new entrants struggle to match incumbents' prices.
this discourages customers from buying a new entrant's offerings.
new entrants struggle to gather enough cash to get started.
each incumbent has a group of loyal customers that enjoy its unique features.
new entrants struggle to get their offerings to customers.

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