Ask Question
2 June, 14:28

A fourminusfirm concentration ratio measures

a. the fraction of an industry's sales accounted for by the four largest firms.

b. the fraction of employment of the four largest firms in an industry.

c. how the four largest firms became so concentrated.

d. the production of any four firms in an industry.

+1
Answers (1)
  1. 2 June, 18:03
    0
    A four-firm concentration ratio measures the fraction of an industry's sales accounted for by the four largest firms. A four-firm concentration ratio compares different companies within the same market and the type of control they have over it. The control is in relation and indication of an oligopoly that the companies create together.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A fourminusfirm concentration ratio measures a. the fraction of an industry's sales accounted for by the four largest firms. b. the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers