Identify a Factor That Determines the Level of Competition and Long-Term

question 18

Multiple Choice

Identify a factor that determines the level of competition and long-term profitability of an industry.

• A)The degree of rivalry between competitors is low in industries with many equally sized competitors.
• B)The threat of substitute products can increase the profitability of industry competitors.
• C)The bargaining power of suppliers doesn't affect the industry's profitability.
• D)The threat of new competitors raises the level of competition.

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Definitions:

Bulbourethral Gland

The bulbourethral gland, also known as Cowper's gland, is a pair of pea-sized glands located at the base of the penis that secrete a clear fluid during sexual arousal.

Ejaculatory Duct

A duct through which semen is ejaculated, extending from the vas deferens to the urethra.

Seminal Vesicle

A pair of glands that open into the vas deferens near its junction with the urethra and secrete many of the components of semen.