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stars_and_moon stars_and_moon
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Posts: 3218
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8 years ago
The four-firm concentration ratio is a measure of
A) the elasticity of demand for a product.
B) the degree of deadweight loss in an industry.
C) the degree of product differentiation in an industry.
D) the market power of firms in an industry.
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kingbykingby
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#1
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8 years ago
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#2
8 years ago
I compared your answer with a buddy, and it matches

Thanks
wrote...
#3
8 years ago
I was slightly debating this one, thanks for the feedback
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