(Solved): Question 30 (2 points) The likelihood of new enerants joining an industy is low if switching coss ar ...

Question 30 (2 points) The likelihood of new enerants joining an industy is low if switching coss are high becasse: new entrants struggle to match incumbester prices. ner entrants struggle to gasher easugh canh so get started. each incumbent has a groop of loyal evstomers that enjoy its unique foatures. new entrants struggle lo get their offerings lo customers.