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    Suppose Each of the 50 States Had Only One Gasoline
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Suppose Each of the 50 States Had Only One Gasoline

Question 105

Question 105

Multiple Choice

Suppose each of the 50 states had only one gasoline station,and all stations were the same size.The four-firm concentration ratio a consumer would experience is:


A) 1.0.
B) 0.08.
C) 0.32.
D) 0.16.

Correct Answer:

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