As Foreign Imports Become a Greater Percentage of Sales in Oligopolized

question 44

Multiple Choice

As foreign imports become a greater percentage of sales in oligopolized industries,the concentration ratio

• A)becomes more accurate as a measure of concentration.
• B)becomes less accurate as a measure of concentration.
• C)continues at the same level of accuracy.

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Definitions:

Pharmaceuticals

Products developed by the pharmaceutical industry for the purpose of diagnosing, treating, curing, or preventing diseases.

Interstate Trucking

The transportation of goods across state boundaries within a country, often subject to federal regulations and guidelines.

Earmarks

Provisions within legislation that allocate funds for specific projects, often bypassing the normal allocation process.

Comprehensive Legislation

Legislation that covers or addresses a wide range of areas, subjects, or issues in a detailed and inclusive manner.