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    Principles of Microeconomics
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    Exam 12: Price and Output Determination Under Oligopoly
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    -In Exhibit L-2, the Table Shows the Market Shares of Five
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-In Exhibit L-2, the Table Shows the Market Shares of Five

Question 137

Question 137

Multiple Choice

  -In Exhibit L-2, the table shows the market shares of five firms that operate in three different industries. The four-firm concentration ratio in Industry II is equal to A)  30 percent B)  50 percent C)  70 percent D)  85 percent E)  100 percent
-In Exhibit L-2, the table shows the market shares of five firms that operate in three different industries. The four-firm concentration ratio in Industry II is equal to


A) 30 percent
B) 50 percent
C) 70 percent
D) 85 percent
E) 100 percent

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