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    Principles of Economics
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    Exam 16: Oligopoly
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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 1

Question 1

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 four industries.
Table 16-2 The following table shows the total output produced by the top six firms as well as the total industry output for four industries.    -Refer to Table 16-2.What is the concentration ratio for Industry C? A) 23% B) 34% C) 43% D) 52%
-Refer to Table 16-2.What is the concentration ratio for Industry C?


A) 23%
B) 34%
C) 43%
D) 52%

Correct Answer:

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