Question: Please answer all, they are part of the same question set. The threat of substitutes depends upon: The buyer propensity to substitute Relative performance of

Please answer all, they are part of the same question set.
The threat of substitutes depends upon: The buyer propensity to substitute Relative performance of substitute Availability of substitutes All of the above. None of the above. One of the factors that increase barriers to entry is: Retaliation from established producers O Low capital requirements O Lack of branded products in industry All of the above. None of the above. Barriers to enter an industry increases when: Economies of scales are low Economies of scale are high Economies of scale does not matter All of the above. None of the above. Social cultural factors that influence industries include: State of the economy Social and cultural trends such as diets, health consciousness, low carb diet Political and legal environment All of the above. O None of the above. It is fair to say that political and legal issues do not impact industries. True False 1Step by Step Solution
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