CFA Practice Question

There are 191 practice questions for this study session.

CFA Practice Question

Which factor generally indicates a highly competitive industry?
A. Unstable market shares of competitors over time
B. Concentrated industry
C. Tight industry capacity
Explanation: Unstable market shares often indicate competitive industries that have limited pricing power.

User Contributed Comments 1

User Comment
CJPerugini Unstable market shares do not lead to competitive industries, they are a result of competitive industries.
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