The most competitive industry of those presented in the above table is likely to be industry
A) W.
B) X.
C) Y.
D) Z.
B
Economics
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An increased equilibrium price and a decreased equilibrium quantity results from:
a. a decrease in supply. b. an increase in demand. c. an increase in supply. d. a decrease in demand.
Economics
Market failure results in
A. inflation. B. Pareto optimality. C. waste. D. budget deficits.
Economics