Author Question: A concentration ratio gives A) the average size of the firms in an industry. B) the total sales ... (Read 38 times)

eruditmonkey@yahoo.com · **on:** Jun 29, 2018

A concentration ratio gives

A) the average size of the firms in an industry.
B) the total sales of four or eight of the mid-sized firms in the industry.
C) the percentage of all sales contributed by the four or eight largest firms in the industry.
D) the sales of the four largest firms in the industry divided by the sales of the eight largest firms in the industry.

Question 2

The Securities and Exchange Commission and the Federal Aviation Administration are examples of agencies engaged in

A) the regulation of natural monopolies.
B) the regulation of nonmonopolistic industries.
C) social regulation.
D) health and safety regulation.