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Table 16-2 the Following Table Shows the Total Output Produced by the by the Top

Question 119

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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 M? A) about 96% B) about 52% C) about 40% D) about 22%
-Refer to Table 16-2. What is the concentration ratio for Industry M?


A) about 96%
B) about 52%
C) about 40%
D) about 22%

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