Sometimes an Old Company in an Industry Can Build a Large

question 44

Multiple Choice

Sometimes an old company in an industry can build a large plant that has lower cost per unit than a potential entrant (newcomer) can duplicate.This is an example of a market

• A)weakness based on cost.
• B)power based on scale economies.
• C)power based on specific assets.
• D)weakness based on reputation deficiency.

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Definitions:

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