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Basic Question 3 of 6
Which industry is likely to be concentrated with strong pricing power?
B. PCs
C. Homebuilding
A. Tobacco
B. PCs
C. Homebuilding
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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Learning Outcome Statements
evaluate the competitive strategy and position of a company
CFA® 2024 Level I Curriculum, Volume 3, Module 6.