An industry with which of the following four-firm concentration ratios would tend to have the greatest amount of R&D expenditures as a percentage of sales?
A)0
B)10
C)50
D)100

Name: An industry with which of the following four-firm concentration ratios would tend to have the greatest amount of R&D expenditures as a percentage of sales? A)0 B)10 C)50 D)100
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Question

Quizplus · Accepted Answer

Industries with moderate concentration ratios, like 50, often have enough competition to drive innovation but also enough market power to fund R&D.

An Industry with Which of the Following Four-Firm Concentration Ratios