Generally, an industry is more attractive when quality substitute products are not readily available, the prices of substitute products are higher, and buyers' costs of switching products is high

Indicate whether the statement is true or false

TRUE

Business

You might also like to view...

In a finite queue, the length of the queue is:

A) limited. B) unlimited. C) limited or unlimited. D) limited and unlimited.

Business

In the statement of cash flows, retained earnings are handled through the adjustment of ________

A) "Revenue" and "Cost" accounts B) "Current Assets" and "Current Liabilities" accounts C) "Depreciation" and "Purchases" accounts D) "Net Profits After Taxes" and "Dividends Paid" accounts

Business