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    Principles of Microeconomics Study Set 10
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    Exam 16: Monopolistic Competition
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    Scenario 16-1 Suppose the Following Are the Sales for All of the of the Firms
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Scenario 16-1 Suppose the Following Are the Sales for All of the of the Firms

Question 130

Question 130

Multiple Choice

Scenario 16-1
Suppose the following are the sales for all of the firms in two different industries. Scenario 16-1 Suppose the following are the sales for all of the firms in two different industries.   -Refer to Scenario 16-1. What are the concentration ratios for these industries? A) Industry A: 22%, Industry B: 26% B) Industry A: 41%, Industry B: 47%. C) Industry A: 68%, Industry B: 79% D) Industry A: 100%, Industry B: 100%.
-Refer to Scenario 16-1. What are the concentration ratios for these industries?


A) Industry A: 22%, Industry B: 26%
B) Industry A: 41%, Industry B: 47%.
C) Industry A: 68%, Industry B: 79%
D) Industry A: 100%, Industry B: 100%.

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