Answer with support sentence please

True/False are 8 points each support your answer with a sentence or two: 1. Pepsi beverages is less protable than FritoLay because Pepsi beverages creates less value. The reason the cola-business creates less value is rivalry between Coke and Pepsi. TRUE FALSE 2. According to the Porter's Five Forces Framework, industries whose products exhibit high switching costs tend to have lower barriers to entry. This is due to the fact that the switching costs reduce the likelihood of price competition, and so make it much more likely that entry will be protable. TRUE FALSE 3. A labor union has less power in a situation when labor costs are a high fraction of overall industry costs than when labor costs are a small fraction of overall costs. TRUE FALSE