When is the rivalry among existing competitors in an industry likely to be more intense?
A) when the industry growth rate is high
B) when firms make strategic commitments to compete in an industry
C) when firms engage in non-price competition as opposed to price-cutting
D) when the industry has low exit barriers

Question

Quizplus · Accepted Answer

If firms make strategic commitments to compete in an industry, rivalry among competitors is likely to be more intense.

When Is the Rivalry Among Existing Competitors in an Industry