the extent of rivalry among established companies is the lowest when: group of answer choices demand is growing rapidly. the industry's major product is a commodity. the fixed costs are high. the industry is entering a decline stage. exit barriers are substantial.



Answer :

The extent of rivalry among established companies is the lowest when B. demand is growing rapidly.

In economics, demand is the volume of a good that consumers are willing and suitable to buy at colorful prices during a given time. The relationship between price and volume demand is also called the demanding wind.

Demand simply means a consumer's desire to buy goods and services without any vacillation and pay the price for it. In simple words, demand is the number of goods that the guests are ready and willing to buy at several prices during a given timeframe. Demand refers to the consumer's desire and amenability to buy a product or service at a given period or over time. Consumers must also have the capability to pay for commodities they want or need as determined by their disposable income budget. thus, demand is a force that affects profitable growth and request expansion.

Learn more about demand here: https://brainly.com/question/1245771

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