NO.PZ2023040301000135
问题如下:
Which of the following statements best describes the relationship between pricing power and ease of entry and exit? Greater ease of entry
选项:
A.and greater ease of exit decrease pricing power
and greater ease of exit increase pricing power
decreases pricing power and greater ease of exit increases pricing power
解释:
In industries with greater ease of entry, firms have little pricing power because new competitors can take away market share. High costs of exiting result in overcapacity and likely price wars. Greater ease of exit (i.e. low costs of exit) increase pricing power.
A麻烦再解释下,不太理解