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Which of the following is typical of an industry with high investment intensity? a Firms operate at or near capacity. b Downward pressure on prices
Which of the following is typical of an industry with high investment intensity?
a | Firms operate at or near capacity. |
b | Downward pressure on prices is low when demand slackens. |
c | On average, the industry is much more profitable than those with a lower level of investment. |
d | The amount of fixed and working capital required to produce a dollar of sales is small. |
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