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Bubblyparabola Bubblyparabola
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A year ago
By calculating a concentration ratio, economists measure the

▸ concentration of firms in one geographic location.

▸ fraction of total industry sales accounted for by the largest firms.

▸ control of a monopolist over its input prices.

▸ degree to which firms in the industry use similar technologies.

▸ degree to which a monopolist's output is lower than in perfect competition.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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pipi123pipi123
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A year ago
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