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Author Question: Suppose the 2-firm concentration ratio (measuring output) in a Canadian manufacturing industry is ... (Read 92 times)

elarge

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on: Oct 12, 2022
Suppose the 2-firm concentration ratio (measuring output) in a Canadian manufacturing industry is over 90%. Why might the market power of these 2 firms be less than the concentration ratio suggests?
◦ The relevant market is regional and so the concentration ratio is not relevant.
◦ A 2-firm concentration ratio does not provide enough information.
◦ A high concentration ratio usually indicates low degrees of market power.
◦ The product is traded internationally and the two Canadian firms compete with many global rivals.
◦ The product is purely domestic and there is no international trade.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by elarge on Oct 12, 2022

dsd1212

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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elarge

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

Animal_Goddess

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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