New entrants to an industry bring all of the following except:
A)new capacity.
B)desire to gain market share.
C)desire to gain market position.
D)new approaches to customer needs.
E)decline in per-unit product costs.

Question

Quizplus · Accepted Answer

New entrants to an industry may bring new capacity, desire to gain market share or position, and new approaches to customer needs, but they do not necessarily result in a decline in per-unit product costs. In fact, new entrants may initially face higher costs due to lack of scale and experience.

New Entrants to an Industry Bring All of the Following