[Answered] When new competitors enter an industry, prices in the industry typically increase. Indicate ...

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melina_rosy

Hero Member
Posts: 531

on: Jul 21, 2018

When new competitors enter an industry, prices in the industry typically increase.

Indicate whether the statement is true or false.

Question 2

An organization's competitors are those organizations which try to sell their goods to the
same customers as the organization is trying to sell its goods.

Indicate whether the statement is true or false.

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Marked as best answer by a Subject Expert

ynlevi

Sr. Member
Posts: 338

Reply #1 on: Jul 21, 2018

Answer to Question 1

F

Answer to Question 2

T

melina_rosy

Hero Member
Posts: 531

Reply #2 on: Jul 21, 2018

Thanks

ynlevi

Sr. Member
Posts: 338

Reply #3 on: Jul 21, 2018

Welcome

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