QUESTIONS 79 THROUGH 90 RELATE TO EQUITY INVESTMENTS

80. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON 2012
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON 2012
80. According to the industry life-cycle model, an industry in the shakeout stage is best characterized as experiencing: A. slowing growth and intense competition. B. little or no growth and industry consolidation. C. relatively high barriers to entry and periodic price wars.