Assume food delivery firms like Swiggy are making huge profits. Higher profits may attract the entry of new firms into the food delivery industry. Explain what could be the impact of entry on the firms and the industry as a whole.

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Assume food delivery firms like Swiggy are making huge profits. Higher profits may
attract the entry of new firms into the food delivery industry. Explain what could be the impact of entry
on the firms and the industry as a whole.

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