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The Table Below Shows the Market Shares for the Only

Question 34

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The table below shows the market shares for the only firms in a domestic cement market.  Market Sh are  Firm A 45% Firm B 22% Firm C 10% Firm D 8% Firm E 7% Firm F 5% Firm G 2% Firm H 1%\begin{array} { | l | l | } \hline & \text { Market Sh are } \\\hline \text { Firm A } & 45 \% \\\hline \text { Firm B } & 22 \% \\\hline \text { Firm C } & 10 \% \\\hline \text { Firm D } & 8 \% \\\hline \text { Firm E } & 7 \% \\\hline \text { Firm F } & 5 \% \\\hline \text { Firm G } & 2 \% \\\hline \text { Firm H } & 1 \% \\\hline\end{array} TABLE 11- 1
-Both empirical evidence and everyday observation suggest that oligopolies contribute to economic growth in the very- long- run by


A) achieving allocative efficiency.
B) decreasing minimum efficient scale.
C) achieving technological improvements and innovations through research and development.
D) consistently producing at full- capacity output.
E) rarely laying off workers.

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