Which of the Following Factors Is LEAST Likely to Increase

question 13

Multiple Choice

Which of the following factors is LEAST likely to increase a rivalry between existing industry competitors?

• A) high exit barriers
• B) high industry growth
• C) undifferentiated products
• D) numerous competitors of equal size

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Definitions:

Government Expenditures

The total amount of money that government spends in a certain period, including spending on healthcare, education, infrastructure projects, and defense.

GDP

Gross Domestic Product, the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.

Economic Growth

An increase in the economy's capacity to produce goods and services, often measured by the rise in real GDP over time.

Government Size

Refers to the scope and scale of government operations and activities, including public spending, taxation, and the number of employees.