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What does a high concentration ratio reveal about market control?

A

The largest firms control a similar share of the market.

B

The smallest firms control a larger share of the market.

C

The largest firms control a smaller share of the market.

D

The largest firms control a larger share of the market.

Card 1 of 24

7.6.5 definition and calculation of the concentration ratio Flashcards

  1. Intl A Level
  2. /Economics
  3. /7.6.5 definition and calculation of the concentration ratio

24 flashcards on CIE Intl A Level Economics 7.6.5 definition and calculation of the concentration ratio: the key terms and definitions you need to recall.

Flashcards