Concentrated Industries Differ from Fragmented Industries in That in Concentrated

Multiple Choice

Concentrated industries differ from fragmented industries in that in concentrated industries:

A) exit barriers for businesses are unusually high.
B) growth rate of demand for the industry's offerings is usually low.
C) competitors are well-differentiated from each other.
D) fixed costs of managing a business are very high.
E) businesses tend to keep their competition rather polite.