A low concentration ratio would most likely indicate

A) a low degree of oligopolization.
B) that the industry measured is a monopoly.
C) that the industry measured is a perfect competitor.
D) None of the choices are true.

Concentration Ratio

A measure used in economics to indicate the relative size of firms in relation to an industry as a whole, often used to represent the level of market concentration.

Oligopolization

The process of market concentration where a few large firms begin to dominate an industry, often leading to reduced competition and higher prices for consumers.