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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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9 years ago
The four largest firms in an industry account for the following value of industry revenues: 12 percent, 8 percent, 5 percent and 4 percent. Calculate the four-firm concentration ratio. Would this industry be regarded as competitive or concentrated?
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
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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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9 years ago
Just got PERFECT on my quiz
gmiannotti
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Correct Slight Smile TY
jmelchor77
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2 hours ago
Thanks for your help!!
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