ewolff5887 ewolff5887

Today at 3:33 AM
Business

Answered

A concentration ratio:
measures the percentage of total sales of the top firm in the industry.
reflects the level of competition in an industry.
is inversely related to the price charged by the top firm in the industry.
All of the above are correct.

Answer :

Dryomys Dryomys

Today at 3:38 AM

Answer: Option (B) is correct.

Explanation:

Concentration ratio reflects the level of competition among the firms in an industry. When a concentration ratio is lower in an industry, it represents that greater the competition among the firms and if this ratio is around 100% then there is no competition among the firms, it is a situation of monopoly.

Answer Link

Other Questions

Leah would like to earn at least $120 per month. She babysits for $5 per hour and works at an ice cream shop for $8 per hour. Leah cannot work more than a total

what is trade union

Leah would like to earn at least $120 per month. She babysits for $5 per hour and works at an ice cream shop for $8 per hour. Leah cannot work more than a total

Decrease 150 by 18%.

Ive been waiting for a good time to "come out of the closet" to my dad. My dad is christian and thinks i still am too, but i dont believe in any higher powers n

(कवितेच्या संदर्भात दीनदुबले बाचा कविधीला अभिप्रेत असलेला अर्थ

what is web blog ?what is the use

characteristics of industrialization

what is superstructure what does it need

He (not speak) to me for over three weeks.

Decades ago, before the role of the tonsils and adenoids was better understood, it was typical after repeated bouts with tonsillitis to have a tonsillectomy and

During this phase of cell division, the centromeres split leading to separation and subsequent migration of the two members of a chromatid pair to opposite pole

When direct-comparison ads first appeared, they attracted Ted's attention. Now that there are so many of them, he is not paying as much attention as before beca

Integrins are transmembrane proteins that can reversibly link the cytoskeleton of a cell to the extracellular matrix. When there is a transient period during wh

Great State Bank loans money to Seth, securing the loan with property owned by Seth. Great State Bank is advised by its attorney to file a financing statement.

Suppose the price of apples decreases from $1.00 to $0.80 each and, as a result, the quantity of apples demanded increases from 800 to 1,000. Using the midpoint

Identify each of the following quotes as being an example of either: the coordination problem, the invisible hand, creative destruction, or the incentive proble

Port Harbor City enacts an ordinance that bans the distribution of all printed materials on city streets. Later, after the city enacts a new "revenue-enhancing"

If a number of newspapers published stories exposing an elected official's acceptance of monetary bribes from a corporation in exchange for passing a particular

Hydrogen gas can be formed by the reaction of methane with water according to the equation. CH4 + H20 -> CO + 3H2 In a particular reaction, 25.5 L of methane ga