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

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

Author Question: When new competitors enter an industry, prices in the industry typically increase. Indicate ... (Read 93 times)

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.

Need homework help now?

Ask unlimited questions for free

Ask a Question

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

« previous next »

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.