Which of the Following Statements with Regard to Industry Structures

Multiple Choice

Which of the following statements with regard to industry structures is true?

A) They are stable over time, not dynamic.
B) Having a large number of competitors generally equates to higher industry profitability.
C) A consolidated industry tends to be more profitable than a fragmented one.
D) Having few but large competitors increases the threat of strong competitive forces such as supplier or buyer power.