Multiple Choice
Regarding industry concentration;
A) A high Concentration Ratio indicates an efficient industry, which economists prefer.
B) A very high Concentration Ratio means that small companies cannot survive in this industry. .
C) A high Concentration Ratio indicates an inefficient industry
D) A very high Concentration Ratio would tend to indicate a mature industry exhibiting oligopolistic traits.
Correct Answer:
Verified
Correct Answer:
Verified
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