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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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Posts: 4563
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9 years ago
Which of the following is correct?
A) Monopoly has a four-firm concentration ratio of 100.
B) Perfect competition has a four-firm concentration ratio near zero.
C) Monopolistic competition has a four-firm concentration ratio of more than 40.
D) Both answers A and B are correct.
E) Both answers A and C are correct.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 194 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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9 years ago
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Loraine Author
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9 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
riptide
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This calls for a celebration Person Raising Both Hands in Celebration
momochiime
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2 hours ago
Thanks for your help!!
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