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Gen X is less educated than previous generations.
Cutthroat Competition
An intense form of competition in a market where competitors aggressively undercut each other's prices or use other aggressive tactics to gain market share.
Concentration Ratios
Measures that indicate the extent to which a small number of firms dominate an industry or market.
Concentration Ratio
A measure used to denote the market share or dominance of the largest firms within an industry, indicating the level of competition.
Concentration Ratio
The concentration ratio is a measure of the market share, represented as a percentage, held by the largest firms within an industry, used to assess the level of market competition.
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