Consider a dominant firm model where the elasticity of market demand is 2,the elasticity of supply of the competitive fringe is 4,and the elasticity of the dominant firm's demand is 10.Calculate the dominant firm's market share.
A)2/3
B)2/5
C)3/5
D)3/7

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The Answer of Consider a dominant firm model where the elasticity of market demand is 2,the elasticity of supply of the competitive fringe is 4,and the elasticity of the dominant firm's demand is 10.Calculate the dominant firm's market share.
A)2/3
B)2/5
C)3/5
D)3/7

Consider a Dominant Firm Model Where the Elasticity of Market