In the Start-Up Stage of the Industry Life Cycle

question 36

Multiple Choice

In the start-up stage of the industry life cycle,

• A) it is difficult to predict which firms will succeed and which firms will fail.
• B) industry growth is very rapid.
• C) firms pay a high level of dividends.
• D) it is difficult to predict which firms will succeed and which firms will fail, and industry growth is very rapid.
• E) industry growth is very rapid, and firms pay a high level of dividends.

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