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MaRussiya [10]
3 years ago
14

If your firm is a potential entrant thinking about entering an industry, you want the entry barriers to be _____.

Business
1 answer:
ASHA 777 [7]3 years ago
3 0

Answer:

High

Explanation:

Entrants can be regarded as firms that are willing in entering a particular industry. As regards to market theory, a potential entry can become actual entry into a market on some condition such as when existing firms that are in the market have their earns above the Normal profit. It should be noted that If your firm is a potential entrant thinking about entering an industry, you want the entry barriers to be High

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