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-The Table Above Shows the Revenue Figures for A(n)________ Market

Question 45

Multiple Choice

-The table above shows the revenue figures for a(n) ________ market because its four-firm concentration ratio is ________ percent.

A) competitive; 35.5
B) uncompetitive; 55
C) perfectly competitive; 15.5
D) concentrated; 55
E) perfectly competitive; 35.5

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