Question
Which of the following four-firm concentration
ratios is most consistent with perfect competition?Solution
The four-firm concentration ratio is the percentage of the value of sales accounted for by the four largest firms in the industry. A ratio of 0 percent: indication of perfect competition.
How much has the Indian government committed to supporting AI startups, projects, and large language models (LLMs)?
10th edition of the International Tourism Mart began in?
How many films from Poland will be showcased at the 31st Kolkata International Film Festival 2025?
Which districts are involved in cultivating the Warangal Chapata Chilli that received the GI tag?
World Breastfeeding week 2022 was celebrated from ____?
- Which military aircraft was part of India-U.S. defence discussions for potential purchase?
What unique feature characterizes the Indigenous Technology Cruise Missile ( ITCM) tested by DRDO?
By what percentage did life insurers' new business premium grow in FY25?
What is the total area (in hectares) earmarked for the upcoming tiger safari in Jharkhand?
Identify the correct statement about gravity.