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nguyenduong67 nguyenduong67
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6 years ago
The four-firm concentration ratio for the cigarette market is 93%. This means that
A) the four largest firms in the market produce 93% of the total market output.
B) there is a high degree of concentration in the cigarette market.
C) the market is an oligopoly.
D) all of the above
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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tristiontristion
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6 years ago
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nguyenduong67 Author
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6 years ago
Thanks
lierac00
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This site is awesome
zsc999
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2 hours ago
Thanks for your help!!
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