A concentration ratio:
measures the percentage of total sales of the top firm in the industry.
reflects the level of competition in an industry.
is inversely related to the price charged by the top firm in the industry.
All of the above are correct.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A concentration ratio: measures the percentage of total sales of the top firm in the industry. reflects the level of competition in an ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Suppose a bond issued by the European Central Bank and denominated in euros pays 44 % per year. Today the exchange rate is 1.521.52 dollars per euro. It is expected that the exchange rate in one year will be 1.671.67 dollars per euro.
Answers (1)
Fairfield Corporation issues 100,000 shares of $1 par value common stock for $10 per share. This transaction: a. increases assets and increases liabilities. b. increases assets and decreases liabilities. c.
Answers (1)
Consider a palletizer at a bottling plant that has a fi rst cost of $150,000, operating and maintenance costs of $17,500 per year, and an estimated net salvage value of $25,000 at the end of 30 years. Assume an interest rate of 8 percent.
Answers (1)
A salesperson makes $200 per week and $35 bonus for each person, x, he signs up. Which expression represents the total amount of money the salesperson makes in a week
Answers (1)
What might be the purpose of government regulation of natural monopolies
Answers (2)
New Questions in Business
Private equity firms, such as Blackstone and Kohlberg Kravis Roberts & Co., search for firms where the managers appear not to be maximizing profits.
Answers (1)
When the price of chai tea lattés is $5, maxine buys 20 per month. when the price is $4, she buys 30 per month. maxine's demand for chai tea lattés is a. inelastic, and her demand curve would be relatively steep. b.
Answers (1)
Andrew initially worked with a travel website for few months and then became self-employed by starting a martial arts school, where he taught karate to teenagers. After an year, he closed the school and joined an advertising firm.
Answers (1)
Ben learns that the company was going to be laying off several employees over the next several months. He knew that the rumor mill was going to start, and he wanted to head off mis-information and get ahead of the curve.
Answers (1)
A new investment product, housing revenue bonds, requires expertise in back-office processes, accounting policy, legal issues, and, of course, a portfolio manager's judgment on value.
Answers (2)