Rivalry tends to be high when
A) there are few firms in an industry and these firms tend to be unequal in size.
B) the industry growth rate is higher.
C) firms are unable to differentiate their products.
D) production capacity can be added in small increments.

Question

Quizplus · Accepted Answer

Rivalry is high when firms cannot differentiate their products, leading to increased competition on price and other factors.

Rivalry Tends to Be High When