Oligopolies Exist and Do Not Attract New Rivals Because

question 92

Multiple Choice

Oligopolies exist and do not attract new rivals because

• A)of competition.
• B)of barriers to entry.
• C)the firms keep profits and prices so low that no rivals are attracted.
• D)there can be no product differentiation.

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Parallel Referral Sale

Not only selling a product but also selling the idea of giving prospects’ names as well.

After-Sales Service

Support provided by a company to its customers following the purchase of a product or service, aimed at ensuring customer satisfaction and loyalty.

Referral Cycle

Provides guidelines for a salesperson to ask for referrals in four commonly faced situations experienced by salespeople.

Prospects

Individuals or businesses that are considered likely candidates for the purchase of goods or services, often identified through lead generation efforts.