All of the Following Are Examples of Porter's Market Internal

question 3

Multiple Choice

All of the following are examples of Porter's market internal competition force except ____.

• A) speed of industry growth
• B) buyer propensity to substitute
• C) exit barriers
• D) switching costs
• E) capacity utilization

---

Definitions:

Variable Costs

Costs that change in proportion to the level of production or service activity.

Fixed Costs

Expenses that remain constant regardless of the amount of production, like lease payments or wages.

Marginal Costs

The cost of producing one additional unit of a product, which varies depending on the level of production.

Evolutionary-Developed Heuristics

Decision-making shortcuts or rules of thumb that have evolved over time to facilitate complex problem-solving with efficiency.