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By Calculating a Concentration Ratio,economists Measure the

Question 3

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By calculating a concentration ratio,economists measure the


A) degree to which a monopolist's output is lower than in perfect competition.
B) control of a monopolist over its input prices.
C) fraction of total industry sales accounted for by the largest firms.
D) degree to which firms in the industry use similar technologies.
E) concentration of firms in one geographic location.

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