0 Question 14 New entrants to an industry are more likely when O it is difficult...

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0 Question 14 New entrants to an industry are more likely when O it is difficult to gain access to distribution channels. O capital requirements in the industry are high. O product differentiation in the industry is low. economies of scale in the industry are high. Question 15 2 pts O Industry structure cannot be changed at all over time. O The expiration of a patent may cause a high rate of firm entries into the industry. O As an industry matures and rivalry intensifies over time, industry profitability increases. O The availability of complimentary producers increases the threat of substitutes. 2 pts Which of the following statements is TRUE about the changes in industry structure? 0 Question 14 New entrants to an industry are more likely when O it is difficult to gain access to distribution channels. O capital requirements in the industry are high. O product differentiation in the industry is low. economies of scale in the industry are high. Question 15 2 pts O Industry structure cannot be changed at all over time. O The expiration of a patent may cause a high rate of firm entries into the industry. O As an industry matures and rivalry intensifies over time, industry profitability increases. O The availability of complimentary producers increases the threat of substitutes. 2 pts Which of the following statements is TRUE about the changes in industry structure?

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14 Option C Product differentiation in the industry is low If the prod... View the full answer