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According to our text, all of the following are important to consider when it comes to evaluating the threat of new entrants to an industry,

According to our text, all of the following are important to consider when it comes to evaluating the threat of new entrants to an industry, except oneA. Products or services that can perform the same functionB. Industry incumbents who are able realize low-cost advantages (economies of scale)C.Capital requirementsD. Industry incumbents who enjoy non-scale cost advantages (absolute cost advantage. Which is the correct answer?

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