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1) The four-firm measures the percentage share of the total sales in the industry that is accounted for by the largest four firms

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1) The four-firm measures the percentage share of the total sales in the industry that is accounted for by the largest four firms.

A) Coordination ratio

B) Production ratio

C) Concentration ratio

D) Market share ratio

2) When the regulators sets a price that a firm cannot exceed over that next few years, the regulator is enforcing:

A) Regulatory capture rules

B) Deregulation

C) Cost-plus regulation

D) Price cap regulation

3) The term refers to the percentage share of a firm's total sales in the market.

A) Market share

B) Concentration ratio

C) Market cap

D) Total market ratio