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Definition of Concentration Ratios. The percentage of market share taken up by the largest firms. It could be a 3 firm concentration ratio (market share of 3 biggest) or a 5 firm concentration ratio. Concentration ratios are used to determine the market structure and competitiveness of the market.
5 days ago · This authoritative and comprehensive dictionary contains clear, concise definitions of key economic terms. Covering all aspects of economics including economic theory and policy, applied microeconomics and macroeconomics, labour economics, public economics and public finance, monetary economics, and environmental economics, this is the ...
- Nigar Hashimzade
Economic terms, from “absolute advantage” to “zero-sum game”, explained to you in plain English
Apr 28, 2024 · Fundamental analysis refers to the process of looking at the key ratios of a business (revenue, assets, liabilities, etc.) to draw conclusions on its growth potential and how financially...
- Christina Majaski
- 1 min
Feb 2, 2016 · These pages bring together a comprehensive list of economic terms related to and used within ONS releases. As such, they provide a valuable resource to aid users’ understanding and...
Nov 19, 2019 · The concentration ratio is the focus of this short revision topic video using recent market share data from three different markets.
The rate of capacity utilization, therefore, represents the proportion of capacity that is actually used in production. When capacity utilization is high (so that a facility is being used fully or near-fully), pressure grows for new investment to expand that capacity.
