Multiple Choice
Concentration ratios
A) have high values for perfect competition.
B) measure the concentration of a large number of firms in a certain area.
C) measure whether the market is dominated by a small number of firms.
D) refer to the concentration of customers in a certain area.
E) measure how concentrated a firm's sales are among certain types of goods.
Correct Answer:

Verified
Correct Answer:
Verified
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