Rivalry among competing sellers decreases
A)when buyer demand is growing rapidly.
B)as it becomes less costly for buyers to switch brands.
C)as the products of rival sellers become commoditized.
D)when there is excess production relative to demand.
E)as the number of competitors increases.

Question

Quizplus · Accepted Answer

When buyer demand is growing rapidly, there is more opportunity for all sellers to increase sales without having to take market share from each other, thus reducing rivalry.

Rivalry Among Competing Sellers Decreases