The fact that barriers to entry are low in competitive price-searcher markets means that if current firms are making economic losses, Group of answer choices these losses will remain in the long run because no firms can exit the market. current firms will exit the market, causing the demand curves that face the remaining firms to increase. new firms will enter the market, causing the demand curves that face the existing firms to decrease. new firms will enter the market, causing no change in the demand curves that face the existing firms in the market.

Moon flower cosmetics company executives are aware that their asian customer base is interested in advanced skin care treatments beyond moon flower's traditional herbal and organic compounds. moon flower and a large american chemical company are in discussions to create a 50-50 partnership in a new firm, which would create skin care treatments based on innovative chemical formulations that would be marketed both in asia and in the united states. beyond being a cross-border alliance, this partnership can be called a(n)a. nonequity strategic alliance.b. joint venture.c. horizontal complementary alliance.d. equity strategic alliance.