An Ineffective Means of Discouraging the Entry of New Firms

question 98

Multiple Choice

An ineffective means of discouraging the entry of new firms by existing firms in an oligopolistic industry is

• A) spending heavily on advertising.
• B) carrying out industrial sabotage.
• C) seeking greater patent protection.
• D) producing a wide range of brands of their products.
• E) raising their prices.

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Definitions:

Freshwater Environment

A habitat characterized by water with low salt content, such as rivers, lakes, and streams.

Osmosis

The process by which molecules of a solvent pass through a semipermeable membrane from a less concentrated solution to a more concentrated one, equalizing the concentrations on each side of the membrane.

Salt Uptake

The process by which plants, animals, and other organisms absorb salt (sodium chloride) and other ions from their environment.

Adventitia

The outermost layer of the wall of a blood vessel or other tubular structure, consisting of connective tissue.