The closer the industry concentration ratio is to 100, the more likely it is that

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A high industry concentration ratio means that a small number of firms dominate the industry, making it less likely to have a reasonably large number of medium-sized firms (A) or to be approaching perfect competition (B). Instead, it suggests that there is a small number of large, dominant firms in the industry (C), which could lead to restricted price competition (D).

The Closer the Industry Concentration Ratio Is to 100, the More