Which of the Following Is an Example of an Industry

question 52

Multiple Choice

Which of the following is an example of an industry that succeeds in formally restricting entry,thereby maintaining prices above competitive levels?

• A)transport trucking
• B)beef cattle ranching
• C)window washing
• D)dentistry
• E)book publishing

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Definitions:

Debt-to-Total-Assets Ratio

A financial ratio that indicates the proportion of a company’s assets that are financed by debt, used to assess financial leverage and risk.

Capital Structure

The mix of different types of debt and equity that a company uses to finance its overall operations and growth.

ROA

Return on Assets, a financial ratio indicating how profitable a company is relative to its total assets.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.