The Basic Premise of Industry Analysis Is That

Multiple Choice

The basic premise of industry analysis is that:

A) Perfect competition and monopoly are the basic models,most industries lie between these two extremes
B) The level of profitability within an industry is determined by the systematic influence of the industry structure which determines the intensity of competition in the industry
C) Industry profitability depends upon the interaction among competing firms
D) Technology and consumer demand are the basic forces that shape industry structure