n NISM Certifications
XV NISM Series XV
Medium

In an industry where rivalry is high, like the aviation and telecom sectors, the end result will be ______ pricing power and ______ incomes for the industry participants.

Practice question from NISM XV Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Higher, Higher

  2. Lower, Lower

    Correct answer

  3. C

    Higher, Lower

  4. D

    Lower, Higher

Why this is the answer

High rivalry reduces pricing power and profitability.

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