The N-?rm concentration ratio measures the:
A) total market share attributed to the N largest ?rms in the market.
B) total market share of all the ?rms in the market, where N is the number of ?rms.
C) the number of new entrants in the market, where N is the number of new entrants.
D) the share of total revenues by all the ?rms in an oligopoly.
Correct Answer:
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