Overall, the Degree of Rivalry in the North American Pharmaceuticals Industry is strong. The MOST important driver of degree of rivalry is _______. A. Low fixed costs. B. Competitor size. C. Similarity of players. D. Number of players. E. Low switching costs.

Overall, the Degree of Rivalry in the North American Pharmaceuticals Industry is strong. The MOST important driver of degree of rivalry is _______. A. Low fixed costs. B. Competitor size. C. Similarity of players. D. Number of players. E. Low switching costs.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter15: Oligopoly And Strategic Behavior

Section: Chapter Questions

Problem 11P

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Question

Overall, the Degree of Rivalry in the North American Pharmaceuticals Industry is strong. The MOST important driver of degree of rivalry is _______.

	A.	Low fixed costs.
	B.	Competitor size.
	C.	Similarity of players.
	D.	Number of players.
	E.	Low switching costs.

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