Which of the Following Industries Is Least Likely to Exhibit

question 211

Multiple Choice

Which of the following industries is least likely to exhibit the characteristic of free entry?

• A)ethnic restaurants
• B)municipal water and sewer
• C)corn farming
• D)grocery stores

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Definitions:

Responsible Business Conduct

Ethical and socially aware business practices that take into account their impact on the environment, consumers, employees, communities, and stakeholders.

International Monetary Fund

An international organization aimed at promoting global monetary cooperation and exchange rate stability.

Short-term Loans

Loans scheduled to be repaid in less than a year, often used for immediate operational needs.

Business Ethics Issue

Concerns related to the moral judgments and behaviors within business practices, including topics like fairness, justice, right, and wrong.