Match the Following

question 150

Multiple Choice

Match the following.You may use a response once,more than once,or not at all.
-The extent to which new competitors can join a market

• A)Threat of new entrants
• B)Competitive rivalry
• C)Threat of substitute products
• D)Power of buyers
• E)Power of suppliers

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Definitions:

World Price

The international market price of a good or service, influenced by global supply and demand conditions.

Domestic Supply

The total amount of goods and services provided by a country's own economy without importing from other countries.

Imported

Describes goods or services brought into one country from another for sale, usually regulated by import quotas and tariffs.

Economies Of Scale

The cost advantages that enterprises obtain due to their scale of operation, leading to a reduced cost per unit of output.