Which of the following are examples of defensive industries?

A) Food producers
B) Durable goods producers
C) Pharmaceutical firms
D) Public utilities
E) Food producers, pharmaceutical firms, and public utilities

Defensive Industries

Sectors of the economy expected to remain stable during various phases of the business cycle, often including utilities and consumer staples.

Pharmaceutical Firms

Companies involved in the research, development, production, and marketing of drugs and other healthcare products.

Public Utilities

Companies that provide essential public services, such as water, electricity, and gas, often subject to governmental regulation.