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Which of the following statements about competition and rivalry is TRUE? a . The competition in the luxury goods industries will often be less intense

Which of the following statements about competition and rivalry is TRUE?
a.The competition in the luxury goods industries will often be less intense than it will be in commodities.
b. There is little competition in industries in which growth is slow.
c. Competition on price always occurs when industry is high concentrated.
d. There is more intense competition in industries when players could easily differentiate from each other.

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