Concentration Ratios Tend to Overstate the Power of Some Corporations

question 102

Multiple Choice

Concentration ratios tend to overstate the power of some corporations to influence economic outcomes because they measure output

• A) For single firms rather than markets.
• B) For the whole United States, which is too large a geographic market for some firms or industries.
• C) Only for domestic production when the true market boundaries are international for some markets.
• D) Over many industries rather than a single market.

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