As the definition of products narrows (i.e., becomes more specific), the concentration ratio

A) is not valid.
B) tends to decrease.
C) tends to increase.
D) does not change in any predictable manner.

Answer: C

Economics

You might also like to view...

In 2013, plowback accounted for approximately ____ of corporate financing while new stock sales accounted for approximately ____

a. $2 trillion; $384 billion b. $65 billion; $1 trillion c. $1 trillion; negative $65 billion d. negative $65 billion; $1 trillion

Economics

The indifference curves for nickels and dimes are straight lines

a. True b. False Indicate whether the statement is true or false

Economics