Concentration ratios are used to determine
A)the number of firms in an industry.
B)the potential for entry into an industry.
C)the degree of product differentiation.
D)the extent (degree) of oligopoly.
E)none of the above

Question

Quizplus · Accepted Answer

Concentration ratios measure the market share of the largest firms in an industry, which helps in determining the extent of oligopoly by indicating how much of the market is controlled by the top firms.

Concentration Ratios Are Used to Determine