Which statement is true?

A) Industry X is more concentrated than Industry Y.
B) Industry X is more concentrated than Industry Z.
C) Industry Z is more concentrated than Industry X.
D) Industries X,Y,and Z have the same concentration ratio.

Concentrated

Concentrated refers to a situation or market in which a few firms hold a large market share, leading to reduced competition and higher barriers to entry.

Industry X

A placeholder name used for referring to a specific but unnamed industry or sector in a generic context.

Industry Y

This term does not refer to a specific established term within economic or business contexts so it's considered as NO.