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Which of the Following Statements Is Generally True

Question 161

Multiple Choice

Which of the following statements is generally true?


A) The larger the number of firms in an industry, the less rivalry there is.
B) The smaller the number of firms in an industry, the greater the rivalry.
C) The larger the number of firms in an industry, the greater the rivalry.
D) The degree of rivalry in an industry is largely independent of the number of firms.

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