Which of the following is an industry without significant barriers to entry?
a. Electricity generation
b. Natural gas distribution
c. Cable television provision
d. Corn farming
e. Postal services
d
Economics
You might also like to view...
What is rent seeking and how does it influence the inefficiency of monopoly?
What will be an ideal response?
Economics
A . Explain why government payments to farmers are larger under a target price system than under the parity price system. b. Explain how the government can qualify a target price program to moderate the size of its deficiency payments
Economics