Industry A is characterized by few players and it takes substantial investment and capital to enter the industryIndustry 8 is characterized by numerous firms that compete fiercely on price. Industry C is characterized by GAAP rules that restrict the firms to follow conservative accounting for its primary financial statement items. Which of the following is likely? ROE of firms in industry A are mostly likely mean reverting bROE of firms in industry B are mostly likely mean reverting . ROE of firms in industry C are mostly likely mean reverting . ROE of firms in industry A and C are mostly likely mean reverting