Concentration ratio
What Concentration ratio means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Concentration ratio
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Reference: Pearson Edexcel
The proportion of total market sales held by the largest firms in an industry, found by adding the market shares of the top n firms.
Topics that use Concentration ratio
- Oligopoly (Pearson Edexcel A-Level)
Related terms
- Competition regulation
- Market power
- Monopoly power
- Non-price competition
- Oligopoly
- Price discrimination
- Price stability
- Tacit agreement
Using Concentration ratio in the exam
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