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Author Question: If the four-firm concentration ratio equals 0.1 percent for the Mexican tomato industry, then this ... (Read 77 times)

washai

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If the four-firm concentration ratio equals 0.1 percent for the Mexican tomato industry, then this industry is best characterized as
◦ a monopoly.
◦ monopolistic competition.
◦ an oligopoly.
◦ perfect competition.
◦ either a monopoly or monopolistic competition.


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Marked as best answer by washai on May 24, 2019

abctaiwan

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washai

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Reply 2 on: May 24, 2019
Excellent


Kedrick2014

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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