Industries with consistently higher than average profitability are usually characterized by low entry barriers.
Correct Answer:
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Q70: Factors that tend to increase rivalry include
Q71: Supplier power is influenced by exit barriers,
Q72: High entry barriers lead to higher prices
Q73: Buyer power is shaped by product differentiation,
Q74: When an industry is characterized by perfect
Q76: Concentration ratios teach us that industry dynamics
Q77: Rivalry is the intensity of competition within
Q78: Price competition tends to be more intense
Q79: The threat of new entrants is greater
Q80: Complementors are an increasingly critical industry force
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