Multiple choice

Airline industry is an example of which of the following industries?

  1. High entry and exit barriers<o:p></o:p>

  2. Low entry and exit barriers<o:p></o:p>

  3. Low entry and high exit barriers<o:p></o:p>

  4. High entry and low exit barriers<o:p></o:p>
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

It is the right answer as in the case of airline industry there is low entry barriers however the exit barriers are very high.

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