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Potential Competition
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Summary
Potential competition is like when new kids might want to join your game, so you have to play well to keep your spot. It helps everyone play better because you never know who might come along and be really good at the game.
Concepts
Market Entry
Barriers To Entry
Competitive Pressure
Innovation Incentive
Market Dynamics
Contestable Markets
Relevant Degrees
Price Formation and Costs 100%
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