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Industry rivalry tends to be greater and industry profits tend to be lower if the industry has I. High fixed costs II. Equal strength competitors
Industry rivalry tends to be greater and industry profits tend to be lower if the industry has |
I. High fixed costs |
II. Equal strength competitors |
III. Slowing industry growth |
IV. High differentiation among firm products |
III and IV only | |
II, III and IV only | |
I and II only | |
I, II and III only |
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