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:

Stress

A physical or emotional response to demanding circumstances, leading to a feeling of strain or pressure.

Daily Hassles

Routine challenges of day-to-day life that can contribute to stress, such as traffic, work deadlines, and household chores.

Small But

Referring to something that is minor in size or amount yet holds significance or importance.

Annoying Everyday

No standard definition, potentially describing daily nuisances.