Answer:
4. more, more
Explanation:
Options includes: 1. less, more , 2. more, less, 3. less, less, 4. more, more
Based on this calculation, the consultant concludes that industry X is more concentrated market than industry Y and that industry X is more competitive market.
The intensity of Porter competition determines the level of competition that exists in an industry. This competition can be affected by many factors, including industry focus, replacement costs, fixed costs, and industry growth rates. The intensity of competition among competitors in a given industry refers to the extent to which companies in a given industry put pressure on each other and determine each other their profit potential. If competition is fierce, competitors are trying to steal profits and market share from each other.
