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English, 31.10.2019 04:31 rosepotato789

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. countries x and y will have similar growth potential.
b. country x will have higher growth potential than country y.
c. country x will have lower growth potential than country y.
d. more information is needed to comment on the growth potential.

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