Which Is the Most Accurate Statement

question 58

Multiple Choice

Which is the most accurate statement?

• A)A concentration ratio of 100 would mean that just one firm has 100% of that industry's sales.
• B)No industry in the U.S.has a concentration ratio of 100.
• C)Food services like McDonald's and Wendy's have a concentration ratio of less than 50.
• D)The lower the concentration ratio,the higher the degree of oligopolization.

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Definitions:

Femoral Region

The area of the lower limb that includes the thigh, specifically referring to structures related to the femur bone.

Hypochondriac Region

One of the regions of the abdomen, located on either side just below the ribs.

Abdominopelvic Cavity

A body cavity that consists of the abdominal cavity and the pelvic cavity, housing many organs.

Spleen

An organ located under the ribcage and above the stomach in the left upper quadrant of the abdomen, involved in filtering blood and immune response.