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    Principles of Microeconomics
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    Exam 12: Price and Output Determination Under Oligopoly
  5. Question
    Which Would Concern You Most, a 5 Percent Increase in Concentration
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Which Would Concern You Most, a 5 Percent Increase in Concentration

Question 2

Question 2

Essay

Which would concern you most, a 5 percent increase in concentration in a market where the four-firm concentration ratio is 3 percent, 42 percent or 85 percent? Explain your reasoning.

Correct Answer:

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