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.
Statements:
Each Local is Town.
Some Towns are State.
No Town is Village.
Conclusions:
I: No Local is Village.
II: Some State are Locals.
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
Statements:Â Â Â Â Â Â Â
No Planet is a Moon
Some Moon are Star
All Axis are Planet
Only a few Sun are Axis
Conclusi...
Statements:
Only a few Chairs is Tables.
Only a few Woods is Chairs.
No Wood is Desk.
Conclusions:
I. Every Chairs ca...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varian...
In the given question, three conclusions are given and five statements as 1), 2), 3), 4) and 5). You need to choose the option that contains the set o...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
- Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance wi...
Statements:
Each car is bus.
Only few bus are train.
No bus is cycle.
Conclusions:
I. At least some car are train.
Statements: Some winters are summers.
All summers are springs.
All springs are seasons.
I. Som...
