Which of the following factors helps explain limitations of concentration measures?
A) data collection challenges
B) failure of the market and industry to correspond
C) poor public information about firms
D) lack of staff to perform professional market research

Question

Quizplus · Accepted Answer

Concentration measures may not accurately reflect market power if the market and industry boundaries do not align, leading to misleading conclusions about competition levels.

Which of the Following Factors Helps Explain Limitations of Concentration