________ Is High in an Industry When Alternative Products That

question 88

Multiple Choice

________ is high in an industry when alternative products that offer attractive savings are available.

• A) Market profitability
• B) Threat of substitutes
• C) Network effects
• D) Threat of new entrants

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Definitions:

Serial Bonds

Bonds that mature at different dates, allowing the issuer to spread out the repayment over time.