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The Purpose of Calculating the Concentration Ratio Is

Question 31

Multiple Choice

The purpose of calculating the concentration ratio is


A) to obtain the firm's total profit.
B) to obtain the firm's production cost.
C) to measure the losses the firm incurred.
D) to measure the extent to which the market is dominated by a small number of firms.
E) to distinguish between the firm's total profit and production cost.

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