The two measures of the degree of competitiveness (or of oligopoly)are called (1)__________________ and (2)_________________.
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Q142: Concentration ratios measure the percentage of industry
Q143: The total percentage share of industry sales
Q144: Two shortcomings of using concentration ratios are:
Q145: When the cutthroat oligopolist raises their prices,their
Q146: The cutthroat competitor is on the opposite
Q148: If one cigarette company raises its prices
Q149: When the cutthroat oligopolist lowers their prices,their
Q150: The price charged by an oligopolist who
Q151: The kinked demand curve is always associated
Q152: The cutthroat oligopolist has a _ demand
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