A concentration ratio measures
A) the average size of the firms in the industry.
B) the sales of the three largest firms in the industry minus the costs of these three largest firms in the industry.
C) the share of industry sales accounted for by the largest firms in the industry.
D) the excess capacity found in a particular oligopolistic industry.
C
Economics
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An ______________ represents the feasible allocations of goods between multiple agents
Fill in the blank(s) with the appropriate word(s).
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The currency adopted by most countries in ________ is referred to as the euro
A) Western Europe B) Europe and Asia C) Southern Europe and Northern Africa D) Eastern Europe
Economics