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If it is easy for competitors to enter the market, the threat of new entrants is considered:

A. High

B. Low

C. More

D. Less

Answer: Option A

Solution(By Examveda Team)

If it is easy for competitors to enter the market, the threat of new entrants is considered high. Threat of new entrants refers to the threat new competitors pose to existing competitors in an industry. Therefore, a profitable industry will attract more competitors looking to achieve profits.

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