Question 9 (1 point) Which of the following will tend to increase barriers to entry? I) Minimum efficient scale occurs at less than 5% market share Il) Incumbents have favourable access to necessary raw materials Ill) Consumers incur large switching costs I, II and Ill O None of the above Oil and Ill O l and II I and Ill Question 10 (1 point) Suppose the buyers of your product are retail stores rather than individual consumers, and that retail stores typically bundle your product with complementary products or services provided by other firms. Which of the following statements is false? A competitive market structure at the retail level will lower or limit buyer power. ()Buyer power will in part be determined by the existence of close substitutes for your product. ()Market structure at the retail level is unimportant for the assessment of buyer power. ) Buyer power will in part be determined by the relative importance of your product in the bundle being offered by retail stores