MCQOPTIONS
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| 1. |
The industrial concentration ratio is the proportion of an industry’s output ? |
| A. | produced by the three largest firms in the industry |
| B. | produced in cement, machine tools and steel industries |
| C. | and labor intensities relative to labor productivity |
| D. | as a percentage of production and marketing |
| Answer» B. produced in cement, machine tools and steel industries | |