The fact that it will require such a large capital investment to start a new casino is an example of which of the following factors?
A) High bargaining power of customers.
B) Low threat of new entrants.
C) High threat of new entrants.
D) Many substitute products.
E) Low bargaining power of customers.

Question

Quizplus · Accepted Answer

The high cost of entering the casino industry forms a barrier to entry that diminishes the threat of new entrants.

The Fact That It Will Require Such a Large Capital