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1.In a market with low barriers to entry. What is the effect of above-normal economic profit by the firms in the market on entry into

1.In a market with low barriers to entry. What is the effect of above-normal economic profit by the firms in the market on entry into the market?

2.In a market in which innovation is readily imitated by competitors. What is the effect of a profitable innovation on imitation by competitors?

3. What does , "a mature brand in a hypercompetitive market." mean?

4. Why has Starbucks reduced its long-term growth target?

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