Suppose that an industry's profitability is zero or negative overall,
A)then all firms in the industry are performing badly.
B)then no firm in the industry can be performing well.
C)then the biggest firm in the industry is performing badly.
D)then even so it's entirely possible that some firms are making very good profits.

Question

Quizplus · Accepted Answer

Even if an industry's overall profitability is zero or negative, it's possible for some firms within that industry to be performing well and making good profits. This can happen due to various factors such as better management, unique products, or more efficient operations compared to competitors.

Suppose That an Industry's Profitability Is Zero or Negative Overall