Question

Which of the following is LEAST likely to be a firm in an imperfectly competitive industry?...

Which of the following is LEAST likely to be a firm in an imperfectly competitive industry?

A a KFC in Sydney NSW

B Optus Telecommunication Company

c A wine producer in Hunter valley

d a and b

E a and c

Homework Answers

Answer #1

imperfect competative industry is,

Answer E. a and c(kfc in sydney NSW &wine producer in hunter walley )

Because,

there's a
Sydney NSW, which is part of other similar food chains, has several KFC stores. And "fast food industry & restaurantsns areimperfect competitive industries examples.
"Hunter Valley is one in every of Australia's best  wine regions". Located within the state of  New South Wales. There are also several other winemakers in Australia. Therefore, it's an imperfect  competitive industry
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