Which of the following industry characteristics is generally least likely to produce high returns on capital? A.

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Which of the following industry characteristics is generally least likely to produce high returns on capital?

A. High barriers to entry.

B. High degree of concentration.

C. Short lead time to build new plants.

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Investments Principles Of Portfolio And Equity Analysis

ISBN: 9780470915806

1st Edition

Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard

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