Solved

A 5- Firm Concentration Ratio Shows

Question 11

Multiple Choice

A 5- firm concentration ratio shows


A) the proportion of industries in the economy that have just five firms.
B) the size of the largest firm relative to the total size of the five largest firms.
C) the share of industry profits earned by the five largest firms.
D) the output of good X produced by the five largest firms, as a proportion of their total output of all types of goods.
E) the sales of the five largest firms, as a proportion of the total industry sales.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents