This topic contains a solution. Click here to go to the answer

Author Question: If large, dominant firms tend to be more successful and last longer than small, non-dominant firms, ... (Read 165 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
If large, dominant firms tend to be more successful and last longer than small, non-dominant firms, it would be because:
 A) the large firm can dictate what it wants to consumers and to its suppliers.
  B) the large, dominant firm is able to offer more products at lower prices.
  C) the large, dominant firm has an advantage in its costs or in being able to meet customer wants.
  D) the small firm is a risk-taker and typically is not around for long.
  E) the small firm can never compete with the large firm.

Question 2

If entry into an industry was very easy, the four firm concentration ratio would not be a very useful index of the competitiveness in that industry
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kbennett34

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

C

Answer to Question 2

True





 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

For a complete list of videos, visit our video library