1) In 1995 , the North American beer industry had stable beer consumption while undergoing significant changes in industry structure.

True False

2) In 1995, second-tier beer companies (e.g., Stroh's) kept their capacity utilization below 70% so that they could ramp up production during months of high demand (e.g., holidays).

True False

3) In 2023 , with production exceeding 5 million barrels a year, Boston Beer is no longer considered a member of the Small and Independent Craft Brewers Association.

True False

4) Budweiser is the cheapest (i.e., lowest priced) beer in the industry. True False

5) There were no substantive differences in activities between Boston Beer Company and Pete's Brewing Company.

True False