Malia's auto repair shop faces the threat of entry. This intensifies _____ in her market and pushes _____ prices and pushes _____ profits.

Name: Malia's auto repair shop faces the threat of entry. This intensifies _____ in her market and pushes _____ prices and pushes _____ profits.
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Question

Quizplus · Accepted Answer

The threat of entry increases competition in the market, which typically leads to lower prices and lower profits as firms try to differentiate themselves and attract customers. Therefore, option A is the best choice.

Malia's Auto Repair Shop Faces the Threat of Entry