The number of firms in an industry is not always a good indicator of the extent to which that industry is competitive.” Do you agree with this statement?

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter24: Perfect Competition
Section: Chapter Questions
Problem 13E
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The number of firms in an industry is not always a good indicator of the extent to which that industry is competitive.” Do you agree with this statement? 

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