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Economics of Social Issues 21th Edition by Charles Register ,Paul Grimes
Edition 21ISBN: 978-0078021916Economics of Social Issues 21th Edition by Charles Register ,Paul Grimes
Edition 21ISBN: 978-0078021916 Exercise 1
Explain what a concentration ratio measures and how it can be used to indicate whether a firm is operating in a competitive industry or an industry that is close to the monopolistic model. What shortcomings do concentration ratios have?
Explanation
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Concentration ratio:
The concentration ...
Economics of Social Issues 21th Edition by Charles Register ,Paul Grimes
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