Which of the Following Would Not Lead to Higher Concentration

question 108

Multiple Choice

Which of the following would not lead to higher concentration in an industry?

• A)A large number of firms have entered the market.
• B)Some firms have become technologically superior.
• C)Larger firms gain control of important resources, squeezing out smaller firms.
• D)Innovation increases plant size of some firms and lowered their average costs.

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Definitions:

Disability Payments

Government or private insurance disbursements that provide income support to individuals who are unable to work due to a disability.

Workers' Compensation

A form of insurance providing wage replacement and medical benefits to employees injured in the course of employment.

Health and Safety Problems

These refer to workplace issues that can potentially harm the physical or mental health of employees, including injuries, illnesses, and stress.

HR Manager

A professional responsible for overseeing and managing human resources functions within an organization, including recruitment, training, performance management, and employee relations.