CFA Practice Question

There are 191 practice questions for this study session.

CFA Practice Question

Which industry is likely to be concentrated with strong pricing power?

A. Tobacco
B. PCs
C. Homebuilding
Correct Answer: A

User Contributed Comments 3

User Comment
johntan1979 Highly concentrated industries in which firm pricing power is high: alcohol, tobacco, confectionery

Highly concentrated industries in which firm pricing power is low: autos, aircraft, oil refining
johntan1979 PCs: Concentrated with weak pricing power

Homebuilding: Fragmented with weak pricing power
Rohule tobacco= inelastic demand
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