​Rivalry among firms would tend to be high if

A) ​There is a small number of firms in the market
B) There is a large number of firms in the market
C) There is only one firm in the market
D) ​None of the above

Market Firms

Organizations that operate in a specific market, engaging in the production, distribution, or trading of goods or services.

Small Number

A numeric value that is considered to be significantly less in magnitude compared to typical or average values.

Large Number

A numeric value that is significantly above average or expected in size or magnitude.