Which of the Following Statements Is Generally True

question 86

Multiple Choice

Which of the following statements is generally true?

• A)Rivalry is less the larger the number of firms in an industry.
• 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.