If the largest four firms in an industry control less than half the market, their competitive concentration ratio
A) would be considered to be especially high.
B) would not be considered particularly high
C) would not be considered particularly low.
D) would be considered to be especially low.

Question

Quizplus · Accepted Answer

The competitive concentration ratio measures the market share controlled by the largest firms in an industry. If the largest four firms control less than half the market, their concentration ratio is not particularly high, indicating a more competitive industry landscape.

If the Largest Four Firms in an Industry Control Less