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.

Question

Quizplus · Accepted Answer

Concentrated industries often have fewer firms, leading to more stable and polite competition as firms recognize mutual interdependence.

Concentrated Industries Differ from Fragmented Industries in That in Concentrated