A provincial phone company like SaskTel likely has
A)a high four-firm concentration ratio in the province, but a low one nationally.
B)a low four-firm concentration ratio in the province, but a high one nationally.
C)a low four-firm concentration ratio in the province and nationally.
D)a high four-firm concentration ratio in the province and nationally.
E)a four-firm concentration ratio of zero.

Question

Quizplus · Accepted Answer

SaskTel, being a provincial phone company, likely dominates the market within its province, leading to a high concentration ratio locally, but it faces more competition nationally, resulting in a lower concentration ratio.

A Provincial Phone Company Like SaskTel Likely Has