Suppose in the market of organic tea, there are only a few producers and the rivalry among these producers shows a higher concentration of HHI, that is, a higher level of intensity. This situation is most likely to occur when:
1) Sellers' supply grows at a higher rate and buyers' demand grows at a slower rate with almost equal size of each firm.
2) Buyer's demand grows at a slow pace and there are only 6-10 competitors in the industry with equal firm size.
3)Sellers' supply grows at a slower rate and buyers' demand grows at a higher rate with the unequal size of each firm.
4)Buyer's demand grows at a higher pace and there are only 6-10 competitors in the industry with the unequal firm size.
Suppose in the market of organic tea, there are only a few producers and the rivalry among these producers shows a higher concentration of HHI, that is, a higher level of intensity. This situation is most likely to occur when:
1) Sellers' supply grows at a higher rate and buyers' demand grows at a slower rate with almost equal size of each firm.
2) Buyer's demand grows at a slow pace and there are only 6-10 competitors in the industry with equal firm size.
3)Sellers' supply grows at a slower rate and buyers' demand grows at a higher rate with the unequal size of each firm.
4)Buyer's demand grows at a higher pace and there are only 6-10 competitors in the industry with the unequal firm size.
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