When the threat of new market entrants is high, the desire to seek and maintain competitive advantage to dissuade new entrants i

Question

Montano1993 [528]

3 years ago

11

When the threat of new market entrants is high, the desire to seek and maintain competitive advantage to dissuade new entrants i

s also usually high. True False

Social Studies

1 answer:

nignag [31] · Answer 1 · 2022-01-15T10:10:04+03:00

nignag [31]3 years ago

5 0

Answer:

True

Explanation:

When those firms which are already existance in market feels threat from new entarnts. Then, they try to discourage the new entarnts to maintain their position in market and to earn same profit margins.