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    Foundations of Macroeconomics
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    Exam 17: Monopolistic Competition
  5. Question
    If the Four-Firm Concentration Ratio for the Market for Pizza
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If the Four-Firm Concentration Ratio for the Market for Pizza

Question 217

Question 217

Multiple Choice

If the four-firm concentration ratio for the market for pizza is 28 percent,then this industry is best characterized as


A) a monopoly.
B) monopolistic competition.
C) an oligopoly.
D) perfect competition.
E) oligopolistic competition.

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