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    ​Rivalry Among Firms Would Tend to Be High If
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​Rivalry Among Firms Would Tend to Be High If

Question 3

Question 3

Multiple Choice

​Rivalry among firms would tend to be high if


A) ​There is a small number of firms in the market
B) There is a large number of firms in the market
C) There is only one firm in the market
D) ​None of the above

Correct Answer:

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