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    Exam 12: Oligopoly and Strategic Behavior
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    Table 12.1 -Refer to Table 12.1.If Firms L and M Were to Were
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Table 12.1 -Refer to Table 12.1.If Firms L and M Were to Were

Question 63

Question 63

Multiple Choice

   Table 12.1 -Refer to Table 12.1.If Firms L and M were to merge,the four-firm concentration ratio would A)  rise to 71%. B)  fall to 82%. C)  fall to 40%. D)  rise to 82%.
Table 12.1
-Refer to Table 12.1.If Firms L and M were to merge,the four-firm concentration ratio would


A) rise to 71%.
B) fall to 82%.
C) fall to 40%.
D) rise to 82%.

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