Acompetitive environment where there is weak to moderate rivalry amongsellers, high entry barriers, weak compeittion fom subsitite products, and little bargaining leverage on the part of both suppliers and

is conducive to market organisations earning attractive profits.

Explanation: This is an ideal market conditions for companies earning high profits. Weak rivalry amongst sellers and weak competition from substitute products makes it easier for these industry members to produce better quality goods or services, that gain potential customers and retain customer loyalty. The high barriers to entry makes it very hard for other sellers to enter the market. Industry members are able to have a big market share as a result, allowing them to sell to many more customers as aa well. Little bargaining leverage allows these industry members control over the market and thus they can control what they are going to sell and for how much. Customers will still buy these goods and services regardless. All these conditions are the reasons why these industry members are able to generate such high profits.

answer; 33,000;

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