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We can interfere thatA. There are greater barriers to market entry in the cement industry than the laundry services industry.B. The cement industry is more

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We can interfere thatA. There are greater barriers to market entry in the cement industry than the laundry services industry.B. The cement industry is more competitive than the laundry services industry.C. Both industries are easy to enter into.D. There are fewer barriers to market entry in the cement industry than the laundry services industry.

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The capital to labor ratio in the cement industry is 0.6 (so 60 cents is spent on capital equipment for every $1 spent on labor). In the laundry services industry, the capital to labor ratio is 0.05. From this, we can infer that

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