The higher the concentration ratio is in an industry, the more likely it is that
A) the industry is perfectly competitive.
B) the market share of the smallest four firms is larger.
C) the market share of the largest four firms is smaller.
D) the industry has an oligopoly.
D
Economics
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A sole proprietorship is the type of business that has ________ government rules and regulations affecting it
A) only federal B) the fewest C) the most D) no
Economics
In general, a country that adheres to the rule of law has
A) a higher level of real GDP per capita. B) a lower level of real GDP per capita. C) no relationship to the level of real GDP per capita. D) an inverse relationship to the level of real GDP per capita.
Economics