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    Principles of Microeconomics Study Set 10
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    Exam 16: Monopolistic Competition
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    Table 16-2 the Following Table Shows the Total Output Produced by the by the Top
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Table 16-2 the Following Table Shows the Total Output Produced by the by the Top

Question 609

Question 609

Multiple Choice

Table 16-2
The following table shows the total output produced by the top six firms as well as the total industry output for each industry. Table 16-2 The following table shows the total output produced by the top six firms as well as the total industry output for each industry.   -Refer to Table 16-2. What is the concentration ratio for Industry K? A) about 8% B) about 36% C) about 48% D) about 84%
-Refer to Table 16-2. What is the concentration ratio for Industry K?


A) about 8%
B) about 36%
C) about 48%
D) about 84%

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