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Loraine Loraine
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8 years ago
If the four-firm concentration ratio equals 0.1 percent for the Mexican tomato industry, then this industry is best characterized as
A) a monopoly.
B) monopolistic competition.
C) an oligopoly.
D) perfect competition.
E) either a monopoly or monopolistic competition.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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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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Loraine Author
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8 years ago
Thanks
zsc999
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You make an excellent tutor!
jcarter
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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