Becoming a new provider of hydroelectric power in Quebec is likely difficult and so existing providers do not worry much about new competition. Therefore, the ______________ is/are likely high in this marketplace.
A.
"smart" security devices designed for office buildings
B.
a set of rules and procedures that firms in an industry present to new firms in the industry
C.
business practices or conditions that make it difficult for new firms to enter a market
D.
a set of security devices used primarily in automobiles
Answer: C