An ideal competitive environment from a profit-making standpoint is when:
A) Rivalry is moderate, and high entry barriers and good substitutes do not exist.
B) Rivalry is high, entry barriers are low, and there are many substitutes.
C) Rivalry is high, buyers and sellers have strong bargaining power, and entry barriers are low.
D) Rivalry is moderate, entry and exit barriers are low, and there are many substitutes.

Question

Quizplus · Accepted Answer

Profitability is weakened when barriers to exit and entry are low, buyers and sellers have strong bargaining power, and there exist many substitutes.

An Ideal Competitive Environment from a Profit-Making Standpoint Is When