Standard Power Is a New Company in the Electrical Industry

question 65

Multiple Choice

Standard Power is a new company in the electrical industry, and with the company's success, it is building a strong reputation. What impact will this company most likely have on the other companies in the electrical industry?

• A)Prices and profits will increase.
• B)Competition will decrease.
• C)Competition will increase and prices and profits will decrease.
• D)Competition will decrease and prices and profits will increase.
• E)The new company will not have an impact on the other companies.

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Definitions:

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