If an Industry Has Low Entry and Exit Costs and the Technology

question 70

Multiple Choice

If an industry has low entry and exit costs and the technology needed to start and maintain a business is commonly available, this creates ________.

• A) a threat of new entrants
• B) a threat of substitute products and services
• C) increased bargaining power of customers and suppliers
• D) all of the above

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Definitions:

Chronic Schizophrenia

A severe mental disorder characterized by long-standing symptoms such as hallucinations, delusions, disorganized behavior, and impaired social functioning.

Antipsychotic Medications

Drugs primarily used to manage psychosis, including delusions, hallucinations, paranoia, or disordered thought, distinct from first-generation by including newer agents.

Placebos

Inert substances or treatments used in controlled experiments to test the effectiveness of medical interventions.

Conventional Antipsychotic

Conventional Antipsychotic refers to the first generation of antipsychotic drugs used primarily to treat schizophrenia and bipolar disorder.