A brand new store, Billy's Boards, opens and business takes off. We would expect:

Name: A brand new store, Billy's Boards, opens and business takes off. We would expect:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When a new store opens and business takes off, it creates a profitable opportunity in the market. This attracts new firms to enter the industry, resulting in increased competition. Therefore, we would expect new companies to enter the board business. The other options are less likely to occur.

A Brand New Store, Billy's Boards, Opens and Business Takes