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Anthonyling Anthonyling
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8 months ago

Suppose an industry is made up of four firms, all with equal sales. The four-firm concentration ratio of that industry is



0.125.



0.50.



1.00.



This cannot be determined without more information.

Textbook 
Economics

Economics


Edition: 12th
Author:
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gamblawcgamblawc
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8 months ago
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