What might be a plausible explanation for the extra entry? give at least two possibilities

Over confidence and Excess Entry are the plausible explanation for the extra entry.

Explanation:

An individual who undertakes the organization, creation, ownership of the business with potential growth.

Over confidence causes business entry mistakes and not been directly tested by economic decisions.

The experimental setting with basic features of business entry situations are created. The findings are consistent with the predictions that over confidence leads to excessive business entry.