CAIE A-Level Economics A2 7.6.5 Concentration Ratio Topic Practice

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Question 1

[Maximum number: 1]

The tables show the market share of the five largest firms in two separate industries.

Table for Question 1 — CAIE A-Level Economics A2
Table for Question 1 — CAIE A-Level Economics A2

What does this data suggest is most likely?

A

Industry X is highly contestable.

B

Industry X is oligopolistic.

C

Industry Z has a lower level of output than industry X .

D

Industry Z is less competitive than industry X .

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