Examine the U.S. passenger airline industry using the Five Forces. Is this an attractive industry? Why or why not?

If clients in an industry have homogeneous price-quality choices, a company with higher than average industry unit costs will always have lower profit margins than a competitor with lower than average industry unit costs 1. True B. False C. To answer this question, more information is needed Why ?

Which of the following is NOT a common reason for a merger a. to increase market power. b. to acquire knowledge from the target firm. c. to achieve economies of scale. d. to grow the top managers' "empire". e. All of the above are common reasons for a merger.

In “Hot Dog Hail Mary,” they discuss how the original model served low-quality food at high prices. What must the vendors believe about the price elasticity of demand for concessions for this business model to make sense?

Moderna is a pharmaceutical company. If it receives a patent for a new medicine, which of the following will likely be the result? Group of answer choices lower quantities of output than without the patent. lower prices than without the patent. reduced incentives for pharmaceutical companies to invest in research and development. a product that is priced higher than it would be without the exclusive rights.

Which of the following might be sufficiently credible threats so as to prevent a challenger from entering a market? Question 6Answer a. The incumbent firm builds a very large factory with a lot of extra capacity b. The incumbent firm has exclusive contracts with all of its suppliers c. The incumbent firm engages in ubiquitous advertising d. All of the answers are correct