Business, 22.08.2020 01:01 taleiayarbough2940
A concentration ratio a. measures the percentage of total output supplied by the four largest firms in the industry. b. reflects the level of competition in an industry. c. is related to the control that each firm has over price. d. All of the above are correct.
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A concentration ratio a. measures the percentage of total output supplied by the four largest firms...
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