An industry with a high four-firm concentration ratio implies
a) firms have high supplier power
b) firms have low supplier power
c) buyers have a high supplier power
d) buyers have a low supplier power
ANS A
An industry with a high four-firm concentration ratio implies
a) firms have high supplier power
b) firms have low supplier power
c) buyers have a high supplier power
d) buyers have a low supplier power
ANS A