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Home Q & A Board Other Fields Homework Help Business Economics
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Anthonyling Anthonyling
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9 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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#1
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9 months ago
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Anthonyling Author
wrote...

9 months ago
Correct Slight Smile TY
momochiime
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
nadiia
wrote...

2 hours ago
Good timing, thanks!
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