CFA Practice Question

There are 191 practice questions for this study session.

CFA Practice Question

Which industry is likely to be concentrated with weak pricing power?
A. Automobiles
B. Credit card networks
C. U.S. railroads
Explanation: Although there are a few major auto manufacturers, the competition tends to be fierce.

User Contributed Comments 2

User Comment
renataa I thought Credit Cards with the interest rate offerings would also fall in to the category....
samuemull Credit card networks don't do the interest rates - that's the credit card companies - and there are a lot of those. Virtually every credit union and bank has at least one or three.
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