Examlex
Express the sum in sigma notation.
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High Concentration Ratio
Indicates that a large percentage of a market is controlled by a few firms, which could suggest less competition.
Interindustry Competition
Competition between firms that are in different industries but may target similar markets or customer needs.
Aluminum Industry
Sector of the economy focused on the production, processing, and distribution of aluminum, a lightweight and versatile metal.
High Concentration Ratio
An economic measurement indicating that a large portion of market share is controlled by a few firms, often pointing to a lack of competition within an industry.
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