Which of the Following Is an Exit Barrier for Firms

question 7

Multiple Choice

Which of the following is an exit barrier for firms in an industry?

• A)Sunk costs
• B)Labor agreements or commitments to purchase raw materials
• C)Obligations to input suppliers
• D)Government restrictions
• E)All of the above

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Definitions:

Ethical Views

Perspectives or beliefs about what is right, wrong, good, or bad in human conduct and the guiding principles that influence individuals' actions.

Ethical Standards

Established principles guiding behavior and decision-making based on what is considered morally right and wrong in a particular context.

High Ethical Standards

Principles that guide individuals and organizations to conduct activities in a morally right, honest, and responsible manner.

Organisations

Groups or entities (such as corporations, nonprofits, institutions) structured to achieve specific goals through collective effort.