A Concentration Ratio Indicates the

question 76

Multiple Choice

A concentration ratio indicates the

• A)number of firms in an industry.
• B)number of large firms in an industry compared to the number of large firms in another related industry.
• C)percentage of total sales accounted for by the (for example) four largest firms.
• D)percentage of sellers in an industry relative to the number of buyers.
• E)percentage of sellers in an industry protected by barriers to entry relative to the number of sellers that wish to enter.