Which of the Following Would Be Least Likely to Have

Multiple Choice

Which of the following would be least likely to have market power?

A) An industry in which there are a small number of producers and low entry barriers.
B) An industry in which there are a small number of producers and significant entry barriers.
C) An industry consisting of a single firm that faces little competition from imports.
D) An industry with a small number of firms that produce differentiated products.