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Although Highly Unlikely in the Real World, in a Perfectly

Question 24

Multiple Choice

Although highly unlikely in the real world, in a perfectly balanced oligopoly with eightfirms, the market share of each firm is

A) 16.2 percent
B) 14.0 percent
C) 13.5 percent
D) 12.5 percent
E) 8.0 percent

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