Question: Question 4 OAA pts Industry A is characterized by high fixed costs while Industry B has low foxed costs. Which industry would tend to have
Question
OAA pts
Industry is characterized by high fixed costs while Industry has low foxed costs. Which industry would tend to have a lower threat of new entrants? Higher degree of rivalin?
Industry A: Industry A
Industry B; Industry B
Industry Ai Industry B
Industry B; Industry A
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