The ACCC Is Closely Monitoring Competition in the Australian Wine

question 5

Multiple Choice

The ACCC is closely monitoring competition in the Australian wine industry.Which of the following factors is least likely to be emphasised by the ACCC in determining whether or not the wine market in Australia is competitive?

• A)The number of wine producers in Australia.
• B)The volume of wine consumed in Australia.
• C)The cost and barriers to becoming a wine producer in Australia.
• D)The arrangements that exist between wine producers in Australia.