Which forces typically represent horizontal competition in a value chain?

a. Rivalry among existing firms and supplier power.
b. Potential entry and buyer power.
c. Substitutes and potential entry.
d. Buyer power and supplier power.


C

Business

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A domestic content requirement placed on automobiles would tend to result in

a. rising production costs of autos. b. decreasing prices of autos. c. higher levels of consumer surplus. d. higher levels of auto imports.

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Individuals who own and run their own businesses are considered employees

Indicate whether the statement is true or false

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Filter questions enable the researcher to filter out respondents who are not adequately informed

Indicate whether the statement is true or false

Business

Laura's medical insurance policy includes a $500 deductible. Laura is required to pay 20 percent of covered expenses in excess of the deductible, and her insurer will pay 80 percent of covered expenses in excess of the deductible

Laura was hospitalized and her covered medical expenses were $10,500. How much of the $10,500 will be paid by the insurer? A) $7,500 B) $7,900 C) $8,000 D) $10,000

Business