Which one of the following statements about inter-industry study in industrial organisation economics is not correct? A. It is confined to studying a single industry, therefore does not allow variation in market size. B. It allows to study a crosssection of many industries, so that it is possible to investigate the relationship between market size and concentration. C. It allows to study a crosssection of many industries, including comparing the same industries with varing sizes of markets. D. It allows to study a crosssection of many industries, including comparing the same industries in different countries.
Which one of the following statements about inter-industry study in industrial organisation economics is not correct? A. It is confined to studying a single industry, therefore does not allow variation in market size. B. It allows to study a crosssection of many industries, so that it is possible to investigate the relationship between market size and concentration. C. It allows to study a crosssection of many industries, including comparing the same industries with varing sizes of markets. D. It allows to study a crosssection of many industries, including comparing the same industries in different countries.
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter23: Managing Vertical Relationships
Section: Chapter Questions
Problem 3MC
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Question
Which one of the following statements about inter-industry study in industrial organisation economics is not correct?
A. |
It is confined to studying a single industry, therefore does not allow variation in market size. |
|
B. |
It allows to study a crosssection of many industries, so that it is possible to investigate the relationship between market size and concentration. |
|
C. |
It allows to study a crosssection of many industries, including comparing the same industries with varing sizes of markets. |
|
D. |
It allows to study a crosssection of many industries, including comparing the same industries in different countries. |
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