Which of the Following Is an Implication of High Exit

question 71

Multiple Choice

Which of the following is an implication of high exit barriers in an industry?

• A) The number of underperforming firms in the industry will be low.
• B) The industry will face excess capacity.
• C) The competitive pressure among existing firms will be low.
• D) The industry will be more attractive for new entrants.

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Definitions:

Bioremediation

The use of living organisms, typically microbes, to detoxify and restore polluted or degraded environments.

Wastewater Purification

This process involves removing contaminants from wastewater to make it safe for release into the environment or for reuse.

Beneficial Bacteria

Microorganisms that play crucial roles in promoting health, decomposing organic material, and supporting various biological processes.

Phospholipid Bilayer

A fundamental structure of cell membranes consisting of two layers of phospholipids, with hydrophobic tails and hydrophilic heads, forming a barrier.