Generally, an Industry Is More Attractive When Companies in the Industry

question 108

Multiple Choice

Generally, an industry is more attractive when companies in the industry have ________ switching costs to go from one supplier to another.

• A)high
• B)moderate
• C)significant
• D)low

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Definitions:

Dehydrogenation

A chemical reaction that involves the removal of hydrogen from a molecule, often making unsaturated bonds.

∆G°

The standard change in Gibbs free energy for a process, indicating whether a reaction is thermodynamically favorable under standard conditions.

∆H°

Standard enthalpy change of a reaction, representing the heat exchanged under standard conditions (1 atm, 298.15 K).

∆S°

The standard entropy change involves a process at a constant temperature and pressure, indicating the degree of randomness or disorder.