Question: 1. In the IO perspective, it is important to enter an industry with O A small number of competing firms of different sizes O Differentiated

1. In the IO perspective, it is important to enter an industry with O A small number of competing firms of different sizes O Differentiated products O All of these High barriers to entryAfter Firm

A acquired Firm B, it lowered the prices for the goods produced

by both firms. This can increase profits if the goods are O

In the IO perspective, it is important to enter an industry with O A small number of competing firms of different sizes O Differentiated products O All of these High barriers to entryAfter Firm A acquired Firm B, it lowered the prices for the goods produced by both firms. This can increase profits if the goods are O Not related O Complements O Substitutes O None of theseIn general, the smaller the price elasticity O The larger the responsiveness of price to changes in quantity O The smaller the responsiveness of price to changes in quantity O The larger the responsiveness of quantity to changes in price The smaller the responsiveness of quantity to changes in price

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