Question: The cookie market is exploding in the United States with lots of new entrants coming onto the scene selling fresh, hot cookies for $ 3

The cookie market is exploding in the United States with lots of new entrants coming onto the scene selling fresh, hot cookies for $

3

each. Anyone who can afford to lease a small retail space and install an oven can enter. Cookie recipes are easy to find and copy. There is little government regulation. At the present time, these entrants are making TONS of profits and very little capital investment. Which statement best describes the market forces?

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