What Is a Concentration Ratio

question 13

Multiple Choice

What is a concentration ratio?

• A)A ratio that measures the percentage of an industry's total output that is produce by the largest few firms.
• B)A ratio that measures the percentage of a firm's total output compared to its nearest rival.
• C)A ratio that measures the percentage of the economy's total output that a particular industry produces.
• D)A ratio that measures the size of each industry.

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Definitions:

Sufficient Reinforcement

The adequate or required amount of encouragement or reward necessary to achieve desired behavior.

Skinner Box

A laboratory apparatus used in the experimental analysis of animal behavior, especially for studies of conditioning, named after B.F. Skinner, a psychologist.

Deviant People

Individuals who act, think, or behave in ways that diverge significantly from the norms of their society or culture.

Negative Reinforcers

Stimuli whose removal or avoidance following a behavior increases the likelihood of that behavior occurring again in the future.