An industry with a high four-firm concentration ratio implies
a. firms have high supplier power
b. firms have low supplier power
c. buyers have a high supplier power
d. buyers have a low supplier power
a
Economics
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If the price of a soda was 15 cents in 1970, when the CPI was 50, and 50 cents in 2007 when the CPI was 172, then the real price of
A) a soda has risen 567 percent. B) a soda has risen 350 percent. C) the 1970 soda in 2007 dollars is 52 cents. D) the 2007 soda in 1970 dollars is $3.44. E) the soda was 15 cents in 1970 and 50 cents in 2007.
Economics
_________ occurs when people are so busy doing things they cannot plan or lead effectively
a. Task duration b. Task limitation c. Task saturation d. Task surrender
Economics