The Threat of Rivalry in the Hardwood Furniture Industry Can

The threat of rivalry in the hardwood furniture industry can best be described as

A) low because of the numerous firms in the industry and the slowing growth rate.
B) low because of the slowing growth rate and the competition from composite wood furniture.
C) high because of the numerous firms in the industry and the slowing growth rate
D) moderate because the slowing growth rate offsets the numerous firms in the industry.