Which of the following best explains why zoos are not affected by the threat of new entrants?
A: Starting a zoo has a high entry cost
B: Customers do not have a replacement activities
C: Substitutes for attending the zoo are much lower quality
D: The zoo industry is growing rapidly.
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Home » Business » Which of the following best explains why zoos are not affected by the threat of new entrants? A: Starting a zoo has a high entry cost B: Customers do not have a replacement activities C: Substitutes for attending the zoo are much lower quality D: