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
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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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