All of the Following Are Ways by Which Existing Firms

question 243

Multiple Choice

All of the following are ways by which existing firms can deter the entry of new firms into an industry except

• A)continuously producing new and improved products.
• B)earning less than maximum profit.
• C)advertising products aggressively.
• D)threatening to raise prices.

---

Definitions:

Pectoralis Major

A large muscle in the upper chest that contributes to the movement of the shoulder and the arm.

Xiphoid Process

A small cartilaginous extension of the lower part of the sternum, which is usually ossified in the adult human.

Linea Alba

A fibrous structure that runs down the midline of the abdomen, forming the median attachment of the abdominal muscles.

Rectus Abdominis

A long muscle of the abdomen whose contraction results in flexion of the lumbar spine or helps in compressing the abdominal cavity.