An Industry Having a Four-Firm Concentration Ratio of 30 Percent

question 273

Multiple Choice

An industry having a four-firm concentration ratio of 30 percent

• A)approximates pure competition.
• B)is an oligopoly.
• C)is a pure monopoly.
• D)is monopolistically competitive.

---

Definitions:

Potential Risk

The likelihood of encountering a negative outcome or threat that could impact objectives, operations, or resources.