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
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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