Capital Required to Compete in an Industry Determines ________

question 75

Multiple Choice

Capital required to compete in an industry determines ________.

• A)bargaining power of buyers
• B)bargaining power of suppliers
• C)threat of substitutes
• D)threat of new entrants

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Definitions:

Refuge

A place of safety or sanctuary, offering protection from danger or distress.

Northern Plains

A vast geographic region in the United States, lying east of the Rocky Mountains and consisting of open land, used primarily for farming and ranching; includes parts of several states such as Montana, North Dakota, and South Dakota.

Firearms

Devices designed to launch one or more projectiles driven by rapidly expanding high-pressure gas produced chemically by exothermic combustion of propellant within an ammunition cartridge.

Epidemics

Widespread occurrences of infectious diseases in a community at a particular time.