Which of the Following Is True

question 49

Multiple Choice

Which of the following is true?

• A) Competitive forces are present even in markets with high barriers to entry.
• B) Quality competition is an unimportant element of the competitive process.
• C) Profitability and high prices discourage technological change and the development of substitute products.
• D) Government regulations have substantially increased the quality of American manufacturing products in recent years.

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Definitions:

Adjustment Refusals

Responses where a request for change, correction, or accommodation is denied.

Refuse Positively

The skill of saying no or declining in a manner that is polite and maintains good relationships.

Negative Announcement

A negative announcement communicates unfavorable news or decisions, which can include changes in policies, layoffs, or the cancellation of events.

Direct Message

Private communication between users on a social media platform that is not visible to others.