A problem with using the judgment by performance criterion is that:
A) it is difficult to determine the relevant market.
B) it is difficult to determine the relevant industry.
C) each action of a firm must be analyzed separately and within a particular context.
D) the court must decide whether to use concentration ratios or the Herfindahl index.

Question

Quizplus · Accepted Answer

Each action of a firm must be analyzed separately and within a particular context, making it complex to assess performance consistently.

A Problem with Using the Judgment by Performance Criterion Is