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Title: Suppose there are seven firms in a market where the three largest firms supply 20% of the ... Post by: Satsume on Oct 25, 2017 Suppose there are seven firms in a market where the three largest firms supply 20% of the market-clearing quantity and the other four firms supply 10% of the market-clearing quantity. What is the five-firm concentration ratio (i.e., the share of total sales controlled by the five largest firms in the market)?
A) 60% B) 70% C) 80% D) 90% Title: Re: Suppose there are seven firms in a market where the three largest firms supply 20% of the ... Post by: LBCea on Oct 25, 2017 C
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