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Author Question: The rate of new entry into an industry is independent of the industry's concentration. Indicate ... (Read 48 times)

Marty

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on: Jul 1, 2018
The rate of new entry into an industry is independent of the industry's concentration.
 
  Indicate whether the statement is true or false

Question 2

When people in the United States answer government surveys about how they feel about things, most report they are:
 
  a. Very happy
  b. Pretty happy
  c. Not too happy
  d. Miserable


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Liamb2179

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Reply #1 on: Jul 1, 2018
Answer to Question 1

F A high rate of entry brings new small firms into an industry regularly and contributes to a low level of concentration; a low rate of entry allows successful firms to grow larger and may lead to high concentration.

Answer to Question 2

B


Marty

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

flexer1n1

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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