The four-firm concentration ratio measures
A) profitability.
B) economic efficiency.
C) technological efficiency.
D) competitiveness.
D
Economics
You might also like to view...
Imitation as a strategy for acquiring new technology is based on the difference in effort between
a. creating it and thinking of it. b. creating it and looking it up. c. looking it up and writing it down. d. discovering it and innovating it.
Economics
Suppose that the total production of an economy consists of 4 oranges and 10 candy bars, each orange sells for $0.25, and each candy bar sells for $0.50. What is the market value of production in this economy?
A. $5.00 B. $6.00 C. $1.00 D. $0.75
Economics