The highest concentration ratio

A) is in Industry X.
B) is in Industry Y.
C) is in Industry Z.
D) cannot be determined.

Concentration Ratio

The concentration ratio is a measure of the market share, represented as a percentage, held by the largest firms within an industry, used to assess the level of market competition.

Market Share

The segment of a market dominated by a certain product or company, frequently quantified as a fraction of the market's total sales.