A concentrated industry is one in which either a single firm or a small number of firms control a large percentage of market sales.

Name: A concentrated industry is one in which either a single firm or a small number of firms control a large percentage of market sales.
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Question

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A concentrated industry refers to a market structure in which a small number of firms have a significant market share, and this can include a single dominant firm.

A Concentrated Industry Is One in Which Either a Single