Rivalry among firms would tend to be highest if
a. the industry is growing quickly
b. the industry is growing slowly
c. the industry is shrinking
d. None of the above
c
Economics
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Perfect competition is characterized by numerous firms
a. True b. False Indicate whether the statement is true or false
Economics
While most industrial categories have experienced a decline in the percentage of workers unionized, which one of the following categories has seen a significant increase in unionization?
a. retail trades b. the hotel and restaurant industry c. the government sector d. automobile manufacturing
Economics