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Basic Question 0 of 8

The Morningstar research report shows that there are ______ industries in the "Concentrated with Strong Pricing Power" category ______ industries in the "Concentrated with Weak Pricing Power" category.

A. more; than
B. less; than
C. the same; as
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User Contributed Comments 2

User Comment
johntan1979 Most industries are saturated, with high barriers to entry.
wrrnwng concentrated with strong pricing power > concentrated with weak pricing power
fragmented with strong pricing power < fragmented with weak pricing power
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

calculate the no-arbitrage values of European and American options using a two-period binomial model;

identify an arbitrage opportunity involving options and describe the related arbitrage;

CFA® 2025 Level II Curriculum, Volume 5, Module 32.