The threat of new entrants is low for ________.
A)used car dealerships
B)convenience store
C)ivy league universities
D)corner latte shops

Question

Quizplus · Accepted Answer

Ivy league universities have high barriers to entry due to their reputation, prestige, and selective admission criteria. It's not easy for new universities to compete with them. Used car dealerships, convenience stores, and corner latte shops have lower barriers to entry and face higher threats from new entrants.

The Threat of New Entrants Is Low for ________