Question: Rivalry between existing competitors is higher when industry growth is slow True False Select all that is true about commodities. Crude oil, gold, and electrical


Rivalry between existing competitors is higher when industry growth is slow True False Select all that is true about commodities. Crude oil, gold, and electrical power are examples of commodities Firms differentiate their goods to avoid their products becoming commoditized Consumers are highly price-sensitive when purchasing commodities None of the above
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