| 单词 | concentration |
| 释义 | concentration The extent to which a market is taken up by a limited number of firms. The commonest ways of measuring concentration are the n-firm concentration ratio for example, the five-firm concentration ratio is the proportion of the market in the hands of the five largest firms; and the Herfindahl index, which sums the squares of market shares expressed as decimals. Size may be measured by turnover, employment, or capital employed. See also: export concentration |
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