In general,the more firms competing that are of comparable size,the more competitive the industry will be.

Name: In general,the more firms competing that are of comparable size,the more competitive the industry will be.
Brand: Quizplus
Rating: 4.9 (47 reviews)

Question

Quizplus · Accepted Answer

When there are more firms competing that are of comparable size, it means that no single firm can dominate the market or set prices. As a result, firms have to compete on price, quality, or other factors, leading to a more competitive industry.

In General,the More Firms Competing That Are of Comparable Size,the