A market in which many competitors are already present is usually very easy to enter because the customer base is already established.

Name: A market in which many competitors are already present is usually very easy to enter because the customer base is already established.
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Question

Quizplus · Accepted Answer

A market with many competitors already present usually means the customer base is already saturated, making it difficult for new entrants to capture a significant share of the market.

A Market in Which Many Competitors Are Already Present Is