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

[melina_rosy]

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.

[ynlevi]

Answer to Question 1

F

Answer to Question 2

T

[melina_rosy]

Thanks

[ynlevi]

Welcome