Two shortcomings of using concentration ratios are: (1)____________;and (2)_________.
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Q139: Cutthroat competition is
A)illegal in the U.S.
B)a common
Q140: An excellent example of price leadership can
Q141: The strong _ of oligopolistic firms is
Q142: Concentration ratios measure the percentage of industry
Q143: The total percentage share of industry sales
Q145: When the cutthroat oligopolist raises their prices,their
Q146: The cutthroat competitor is on the opposite
Q147: The two measures of the degree of
Q148: If one cigarette company raises its prices
Q149: When the cutthroat oligopolist lowers their prices,their
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