Which of the following has not contributed to the development of oligopolies in the U.S. economy?
A) mergers
B) patents
C) economies of scale
D) interindustry competition
Correct Answer:
Verified
Q147: Industry Y is dominated by five large
Q148: The larger the Herfindahl index, the
A)less the
Q149: Industry Y is dominated by five large
Q150: The Herfindahl index for an industry is
Q151: Which statement about oligopoly is false?
A)Oligopolistic firms
Q153: The Herfindahl index is a measure of
A)profitability
Q154: Interindustry competition refers to the fact that
A)oligopolistic
Q155: A low concentration ratio means that
A)there is
Q156: The high concentration ratio for the aluminum
Q157: A high concentration ratio indicates that
A)the industry
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