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Author Question: An industry's total revenue is $100 million. The above table shows the total revenue of the four ... (Read 101 times)

Engineer

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An industry's total revenue is $100 million. The above table shows the total revenue of the four largest firms in an industry.
a.Calculate this industry's four-firm concentration ratio.
b.Is this industry competitive?
c.What market type does it most likely represent?


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Marked as best answer by Engineer on May 24, 2019

javimendoza7

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Engineer

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Reply 2 on: May 24, 2019
Thanks for the timely response, appreciate it


TheNamesImani

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Reply 3 on: Yesterday
Excellent

 

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