When judging the competitiveness of markets by the behavior of firms in that market, one is using the:
A) "judgment by performance" criteria.
B) "judgment by structure" criteria.
C) "judgment by merger" criteria.
D) "judgment by antitrust" criteria.

Question

Quizplus · Accepted Answer

"Judgment by performance" criteria assess market competitiveness based on the behavior and performance of firms, such as pricing strategies and output levels.

When Judging the Competitiveness of Markets by the Behavior of Firms