concentration ratios Flashcards
1
Q
definition
A
Collective market share of the largest firms in an industry
2
Q
N : total market share
A
Eg. if 4 firms add to 70
Write 4:70
ECON MICRO > concentration ratios > Flashcards
definition
Collective market share of the largest firms in an industry
N : total market share
Eg. if 4 firms add to 70
Write 4:70