Which of the Following Tends to Reduce the Intensity of Rivalry

question 12

Short Answer

Which of the following tends to reduce the intensity of rivalry?
a. Similarity of firms in terms of size, market influence and product offerings.
b. Products are big-ticket items and purchased infrequently.
c. New capacity must be added in large increments.
d. Slow industry growth or decline in demand.
e. None of the above.

---

Definitions:

Slice of Pizza

A triangular portion of a pizza pie, often sold individually as a quick meal or snack option.

Marginal Decision Making

The process of evaluating the benefits and costs of small (or marginal) adjustments to an existing course of action.

Economic Concept

A theoretical construct that represents ideas or theories within economics to explain various aspects of the economy, such as supply and demand, inflation, or growth.

Marginal Analysis

A method used in economics and decision-making that examines the costs and benefits of making small (marginal) adjustments to the quantity of a good or service.