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Homework answers / question archive / Is the concentration ratio an accurate measure of the extent of competition? The four-firm concentration ratio A

Is the concentration ratio an accurate measure of the extent of competition? The four-firm concentration ratio A

Marketing

Is the concentration ratio an accurate measure of the extent of competition? The four-firm concentration ratio

A. is flawed in that it is calculated for local markets even though competition in some industries is national.

B. is accurate because it is based on estimates from the U.S. Census Bureau.

C. is flawed in that it includes sales in the U.S. by foreign firms.

D. is accurate because it is based on national and global competition.

E. is flawed in that it does not measure competition between industries.

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