The threat of entry of new competitors is __________ when it is easy to enter a market and __________ when significant barriers to entry exist.
A)high, high
B)high, low
C)low, low
D)low, high

Question

Quizplus · Accepted Answer

The threat of entry of new competitors is high when it is easy to enter a market and low when significant barriers to entry exist, making it difficult for new competitors to enter the market.

The Threat of Entry of New Competitors Is __________ When