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Author Question: The table below shows the market shares for the only firms in a domestic cement market.Market ... (Read 169 times)

kckanistras

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on: Oct 12, 2022

Question 1




FIGURE 11-3

Refer to Figure 11-3. In diagram 4, the profit-maximizing output for a single-price monopolist occurs where


◦ P > AR.
◦ P < MC.
◦ P > MC.
◦ P = MR.
◦ P = MC.

Question 2

The table below shows the market shares for the only firms in a domestic cement market.

​Market Share
Firm A45%
Firm B22%
Firm C10%
Firm D 8%
Firm E 7%
Firm F 5%
Firm G 2%
Firm H 1%

TABLE 11-1

Refer to Table 11-1. The eight-firm concentration ratio in this industry is ________%.
◦ 67
◦ 45
◦ 100
◦ 85
◦ 92
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by kckanistras on Oct 12, 2022

LynellDool

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    • i thought about discounts
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kckanistras

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

bdobbins

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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