Which of the following industry characteristics is generally least likely to produce high returns on capital? A.
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Which of the following industry characteristics is generally least likely to produce high returns on capital?
A. High barriers to entry.
B. High degree of concentration.
C. Short lead time to build new plants.
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Related Book For
Investments Principles Of Portfolio And Equity Analysis
ISBN: 9780470915806
1st Edition
Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard
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