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Andreyy89
2 years ago
15

Consider the case of long distance telephone service. In country X there are 20 providers of long distance telephone service in

a highly competitive market environment. On the other hand, in country Y long distance telephone service is largely regulated by the government with the firm Horizon as the sole provider of this service. Under these circumstances it is expected that
A. Country X will have higher growth potential than country Y.
B. Country X will have lower growth potential than country Y.
C. Countries X and Y will have similar growth potential.
Social Studies
1 answer:
solniwko [45]2 years ago
4 0

Answer:

The answer is A. Country X will have higher growth potential than country Y.

Explanation:

Due to the increased competition in country X the introduction of new technologies by the competing service providers will lead to a higher grwoth potential.

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