Which of the Following Is Correct

question 188

Multiple Choice

Which of the following is correct?

• A) Monopoly has a four-firm concentration ratio of 100.
• B) Perfect competition has a four-firm concentration ratio near zero.
• C) Monopolistic competition has a four-firm concentration ratio of more than 40.
• D) Both answers A and B are correct.
• E) Both answers A and C are correct.

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Definitions:

Environmental Marketing

A marketing approach that emphasizes sustainability and the minimization of negative environmental impact through its products, services, and operations.

Recycling

The process of collecting, processing, and converting waste materials into new products to prevent waste of potentially useful materials, reduce consumption of fresh raw materials, and lower energy usage and pollution.

Cause Marketing

A partnership between a for-profit company and a nonprofit organization to mutually promote and benefit from social or charitable causes.

Cause Marketing

A strategy where businesses align with social issues or causes to increase brand awareness while also contributing to a social cause.