Multiple Choice
Several factors can create intense rivalry among firms.These factors include all of the following factors except:
A) firms focus on market share at the expense of others.
B) firms feel pressure due to fixed costs and produce at full capacity.
C) lack of differentiation in products and services.
D) upward pressure on prices and profitability.
E) absence of switching costs for customers.
Correct Answer:
Verified
Correct Answer:
Verified
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